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Bitcoin & Ethereum Decline As Solana, XRP Defy Market Trend

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The top crypto prices today witnessed substantial declines as the Bitcoin (BTC) price extended below the $64,000 level. Furthermore, the Ethereum (ETH) price dipped below the $3,100 mark amid the bearish turn. In contrast, other top altcoins, such as Solana (SOL) and XRP gained significantly while Cardano (ADA) recorded a slump.

Major Crypto Prices Today

1. Bitcoin Price

Source: CoinMarketCap

The Bitcoin price was down by 1.12% reaching $63,412.60 at the time of writing on Tuesday, May 7. On the other hand, it’s trading volume skyrocketed 71.55% to $30.31 billion in the last 24 hours. Whilst, the crypto’s market capitalization dipped to $1.24 trillion.

2. Ethereum Price

Source: CoinMarketCap

The Ethereum price dropped 2.65% to $3,065.74 at press time with a market valuation of $368.29 billion. Whilst, ETH saw its trading volume spike 66.20%, reaching $13.78 billion.

3. Solana Price

Source: CoinMarketCap

The Solana price recovered significantly and sustained the $150 level today. The Solana price surged 4.54%, settling at $155.02. In contrast, SOL witnessed a 116.38% jump in trade volume to $3.24 billion in the last 24 hours.

4. XRP Price

Source: CoinMarketCap

Whilst, the XRP price held above the $0.53 mark. The XRP price recorded a gain of 0.79%, reaching $0.5377. On the other hand, XRP’s trading volume soared by a staggering 240.29% to $1.84 billion.

5. Cardano Price

Source: CoinMarketCap

Meanwhile, the Cardano crypto price was down 2.06% to $0.4495 today. Whilst, ADA recorded a surge of 65.46% in its 24-hour trading volume, settling at $368.81 million.

6. Dogecoin & Shiba Inu Price

The Dogecoin price slipped 3.97% to $0.156 while its rival, Shiba Inu price lost 4.34% and traded at $0.00002371=

Also Read: Crypto Price Prediction: AI Tokens Capitalize on Market Optimism as $BTC Breaks $65K

Top Crypto Gainers Today

  • AIOZ Network (AIOZ): The AIOZ crypto price rose 7.47% to $0.8157.
  • Worldcoin (WLD): The Worldcoin crypto surged 4.32% and traded at $6.12.
  • Render (RNDR): The Render crypto surged 4.22% and traded at $10.40.
  • Injective (INJ): The INJ crypto price rose 3.86% to $25.09.

Top Crypto Losers Today

  • Bonk (BONK): The Bonk price lost 6.95%% to $0.00002501.
  • Conflux (CFX): The CFX price dipped 6.43% to $0.2142.
  • FLOKI (Floki): The Floki crypto dropped 6.37% to $0.0001793.
  • Optimism (OP): The OP price was down 6.14% to $2.73.

Jupiter (JUP), Dogwifhat (WIF), KuCoin Token (KCS) and also made it to the top crypto gainers list today.

Also Read: Bitcoin Price: What’s Behind The Current BTC Price Surge

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CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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