Today's all-time high crypto price extended the rally frenzy as Bitcoin (BTC) price soared above the $63,000 level. Furthermore, Ethereum (ETH) price also reflected the sentiment and remained above $3,100. Additionally, other top altcoins such as Solana (SOL), XRP, and Cardano (ADA) also rose noticeably.
Today's major virtual currency prices
1. Bitcoin price
Bitcoin price soars by 5.86 yen% As of writing this article on Saturday, May 4th, it has reached $63,030.40. Meanwhile, trading volume surged 8.32% in the past 24 hours to $32.62 billion. Meanwhile, the market capitalization of cryptocurrencies rose to $1.27 trillion.
2. Ethereum price
Ethereum's price rose 3.87% to $3,117.60 at the time of writing, giving it a market valuation of $374.48 billion. Meanwhile, ETH trading volume decreased by 0.75% to $12.37 billion.
3. Solana Price
Solana's price has recovered significantly and crossed the $140 mark today.Solana price increased by 3.72%, It was settled for $145.04. In contrast, SOL's trading volume decreased by 3.66% to $3.17 billion in the past 24 hours.
4. XRP Price
Meanwhile, XRP price approached the $0.53 level. XRP price registered an increase of 1.71% and reached $0.5297. Meanwhile, XRP trading volume increased by 10.52% to $1.11 billion.
5. Cardano price
Meanwhile, Cardano cryptocurrency price rose by 2.56% today to $0.4682. Meanwhile, ADA recorded a 2.45% decrease in 24-hour trading volume, settling at $323.55 million.
6. Dogecoin and Shiba Inu price
Dogecoin price rose 12.17% to $0.1502, while rival Shiba Inu price surged 7.80% to trade at $0.00002495.
Also Read: Top 5 Reasons for Bitcoin Price Recovery
Today’s top crypto earners
- Nervos Network (CKB): CKB Crypto soared 18.70% to trade at $0.01872.
- Dogwifat (WIF): Dogwifhat meme crypto price increased by 17.62% to $3.31.
- FLOKI: Floki crypto price surged 17.11% and was worth $0.0001957.
- Stack (STX): STZ crypto price increased by 13.98% to $2.39.
Today’s Top Cryptocurrency Losers
- Helium (HNT): Helium price decreased by 2.50% to $5.37.
- Sui (Sui): Sui price fell 2.10% to $1.10.
- Ondo (ONDO): The Ondo cryptocurrency fell by 0.78% to $0.8199.
- Polka dot (DOT): DOT price fell 0.39% to $7.18.
The recent recovery in Bitcoin prices can be largely attributed to a resurgence in ETF inflows. On Friday, May 3rd, the Spot Bitcoin ETF recorded massive inflows of $378 million. Additionally, Grayscale Bitcoin Trust (GBTC) witnessed positive flows on its first day, recording a net inflow of $63 million.
Also read: Dogwifhat Price Analysis: Will WIF hit $10 in May?
