The cryptocurrency market has continued its recovery, maintaining the positive momentum that started on May 3rd. Bitcoin (BTC), the largest cryptocurrency, has surged past the $63,000 mark, while Ethereum (ETH) has settled above $3,100. Other top-tier altcoins like Solana (SOL), XRP, and Cardano (ADA) have also experienced significant price increases.
Bitcoin has seen a 5.86% surge in the last 24 hours, reaching a level of $63,030 with a trading volume of $32.62 billion. This recovery has propelled the market value of Bitcoin to $1.27 trillion.
Ethereum, the largest altcoin with a market value of $374.48 billion, has risen by 3.87% in the last 24 hours, reaching $3,117. However, Ethereum’s trading volume has slightly decreased to $12.37 billion.
Solana, a popular altcoin, has surpassed the $140 level with a 3.72% increase in the last 24 hours, reaching $145.04. Despite this rise, Solana’s trading volume has fallen by 3.66% to $3.17 billion. XRP, the cryptocurrency associated with Ripple, has experienced a 1.71% increase in the last 24 hours, nearing the $0.53 mark. XRP’s trading volume has also seen a 10.52% increase to $1.11 billion.
Cardano’s price has risen by 2.56% in the last 24 hours, reaching $0.4682, while its trading volume has decreased by 2.45% to $323.55 million. Memecoins like Dogecoin (DOGE) and Shiba Inu (SHIB) have also seen price increases, with DOGE up by 12.17% to $0.1502 and SHIB up by 7.80% to $0.00002495.
Among the altcoins that have gained the most value today, Nervos Network (CKB) stands out with an 18.70% increase to $0.01872. It is followed by dogwifhat (WIF), which is trading at $3.31 with a 17.62% increase, and Floki (FLOKI), which has seen a 17.11% rise to $0.0001957. Stacks (STX) is fourth on the list, trading at $2.39 with a 13.98% increase.
On the other hand, Helium (HNT) leads the list of altcoins that have lost the most value, falling by 2.50% to $5.37. Sui (SUI) follows with a 2.10% drop to $1.10, and Ondo (OND) with a 0.78% decrease to $0.8199.
It is important to note that the information provided in this article does not constitute investment advice. Investors should be aware of the high volatility and risk associated with cryptocurrencies and should conduct their own research.
