Bitcoin and Ethereum Lead Crypto Price Surge
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 06 2024
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Source: Coinmarketcap
- Bitcoin and Ethereum Price Surge: Bitcoin surpassed $64,000 with a 1.17% increase, while Ethereum held above $3,100, leading the cryptocurrency market.
- Current Status of Cryptocurrencies: Altcoins like Solana, Ripple, and Cardano also saw notable gains in prices.
- Bitcoin's Market Performance: Bitcoin's market cap rose to $1.26 trillion, despite a decrease in trading volume by 12.18%.
- Ethereum and Altcoin Movements: Ethereum's market cap reached $374.01 billion, and Solana approached $150 with a 1.58% increase.
- Altcoin Price Changes: XRP surpassed $0.53, Cardano increased to $0.4588, Dogecoin rose to $0.1626, and Shiba Inu traded at $0.00002479.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
