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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 crypto 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.
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.
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- Bitget Completes the Burn for 30 Million Bitget Token (BGB) as per Its Previously Shared Burn Mechanism Plan
- May 03, 2025 at 02:30 pm
- Bitget, the leading cryptocurrency exchange and Web3 company, has completed the burn for 30 million Bitget Token (BGB) as per its previously shared burn mechanism plan
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- XYZVerse Unlocks the G.O.A.T. Status, Early Investors Positioned for Massive ROI
- May 03, 2025 at 02:25 pm
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- Strong Employment Figures Push Bitcoin Toward $98K Threshold
- May 03, 2025 at 02:20 pm
- The U.S. Department of Labor surprised bearish economists when it published its highly anticipated jobs report on Friday, showing a stronger-than-expected 177,000 jobs added to the U.S. economy in April, with unemployment remaining flat at 4.2%.
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