Bitcoin

Bitcoin surges past $63K as ETF flows regain momentum

Published

on

Top cryptocurrency prices today extended the rallying frenzy as Bitcoin (BTC) price surpassed the $63,000 level. Furthermore, the price of Ethereum (ETH) reflected the sentiment and remained above the $3,100 mark. Furthermore, other major altcoins such as Solana (SOL), XRP, Cardano (ADA) also gained notably.

Top Crypto Prices Today

1. Bitcoin Price

O Bitcoin Price has soared 5.86% to reach $63,030.40 at the time of writing on Saturday, May 4th. On the other hand, its trading volume increased by 8.32% to $32.62 billion in the last 24 hours. Meanwhile, the crypto market capitalization rose to $1.27 trillion.

2. Ethereum Price

O Ethereum Price rose 3.87% to $3,117.60 at press time, with a market valuation of $374.48 billion. Meanwhile, ETH saw its trading volume fall by 0.75% to reach $12.37 billion.

3. Solana Price

O Solana Price it recovered significantly and surpassed the $140 mark today. Solana price rose 3.72%, settling at $145.04. In contrast, SOL witnessed a 3.66% drop in trade volume to $3.17 billion in the last 24 hours.

4. XRP Price

Although, the XRP Price approached the $0.53 level. XRP price recorded a gain of 1.71% to reach $0.5297. On the other hand, XRP trading volume jumped 10.52% to $1.11 billion.

5. Cardano Price

Meanwhile, the Cardano Crypto Price rose 2.56% to $0.4682 today. Meanwhile, ADA recorded a 2.45% decline in its 24-hour trading volume, settling at $323.55 million.

6. Dogecoin and Shiba Inu Price

O Dogecoin Price rose 12.17% to $0.1502 while its rival, Shiba Inu Price rose 7.80% and traded at $0.00002495.

Read too: Top 5 Reasons Bitcoin Price Recovery Confirmed

Top Crypto Earners Today

  • Nervous Network (CKB): CKB crypto rose 18.70% and traded at $0.01872.
  • Dogwife (WIF): Dogwifhat meme crypto price rose 17.62% to $3.31.
  • Floki (FLOKI): Floki crypto price soared 17.11% and was valued at $0.0001957.
  • Batteries (STX): STZ crypto price rose 13.98% to $2.39.

Top Crypto Losers Today

  • Helium (HNT): Helium price lost 2.50%% to $5.37.
  • Sui (SUI): Sui price fell 2.10% to $1.10.
  • Ondo (ONDO): Ondo crypto fell 0.78% to $0.8199.
  • Polkadot (DOT): DOT price fell 0.39% to $7.18.

The recent rally in Bitcoin’s price can largely be attributed to the resurgence of ETF flows. On Friday, May 3, Spot Bitcoin ETFs recorded a massive inflow of $378 million. Furthermore, the Grayscale Bitcoin Trust (GBTC) witnessed the first day of positive inflow with a net inflow of $63 million.

Read too: Dogwifhat Price Analysis: Will WIF Reach $10 in May?

Fuente

Leave a Reply

Your email address will not be published. Required fields are marked *

Información básica sobre protección de datos Ver más

  • Responsable: Miguel Mamador.
  • Finalidad:  Moderar los comentarios.
  • Legitimación:  Por consentimiento del interesado.
  • Destinatarios y encargados de tratamiento:  No se ceden o comunican datos a terceros para prestar este servicio. El Titular ha contratado los servicios de alojamiento web a Banahosting que actúa como encargado de tratamiento.
  • Derechos: Acceder, rectificar y suprimir los datos.
  • Información Adicional: Puede consultar la información detallada en la Política de Privacidad.

Trending

Exit mobile version