Bitcoin
Bitcoin surges past $63K as ETF flows regain momentum
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?