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Crypto Prices Today May 7: Bitcoin & Ethereum Decline As Solana, XRP Defy Bearish Trend


The top crypto prices today recorded 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 downturn. 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



Read More: Crypto Prices Today May 7: Bitcoin & Ethereum Decline As Solana, XRP Defy Bearish Trend

Disclaimer:The information provided on this website does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website’s content as such. NewsOfBitcoin.com does not recommend that any cryptocurrency should be bought, sold, or held by you. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.

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