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

The crypto prices today saw a mixed action as Bitcoin and Ethereum lost hold on crucial levels while Solana and XRP gained amid the bearish trend.

HIGHLIGHTS

• The Bitcoin price fell below $63,000 after surging past $65,000 on Monday.
• Ethereum lost hold on the $3,100 due to the decline
• Solana sustained above $150 with over 4% gains.

The top crypto prices today witnessed 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 turn. 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

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.