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Cryptocurrency News Articles
Bitcoin breaks above $97K for the first time since late February
May 02, 2025 at 09:06 pm

The broader cryptocurrency market has been showing mixed signals today with Bitcoin breaking above $97K for the first time since late February while leading altcoins failed to catch up with the momentum.
At the time of writing, Bitcoin is trading near $96,803 and it marked a daily high of $97,436 during early trading hours. It has steadily gained over the past 3 days, and analysts are now expecting it to break above $100k by the weekend.
From the leading altcoins, none have shown any notable traction in the past 24 hours, with ETH still trading in the $1,800 range and XRP consolidating near $2.20 – both at key resistance levels. Besides, BNB, SOL, and ADA also keep trading near daily opening price marks.
Among today’s top gainers, IMX is leading with surging 12% today, which is followed by 8% gains from QNT and EOS. Other gainers include XMR, VIRTUAL, and RAY, all spiking nearly 4% while IP, WAL, and LTC have gained 2% in the past 24 hours.
The PENGU token leads the losing group with an 8% decline, which is followed by a 7% decrease in FET and ENA.
Trending Crypto Today
Top Daily Gainers
Top Daily Losers
As per CoinMarketCap data, the global crypto market cap today sits at $3.02 trillion. It has accumulated a 24 hour trading volume of $78.86 billion, which has decreased 6.44% today.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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