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Cryptocurrency News Articles
Global cryptocurrency market experiences a mild correction today, with total market capitalisation dipping by 1.58% to US$2.93 trillion.
May 05, 2025 at 12:06 pm
The global cryptocurrency market experienced a mild correction today, with total market capitalisation slipping by 1.58% to US$2.93 trillion. Despite the decline, investor sentiment remains neutral, with the Crypto Fear & Greed Index sitting at 49.
The market’s bellwether, Bitcoin (BTC), dropped 1.72% in the last 24 hours, currently trading at US$94,137.93. Ethereum (ETH) followed suit, easing 1.97% to US$1,796.30. Tether (USDT), the largest stablecoin, remained largely flat at US$1.00.
Among the top altcoins, BNB slid 1.92% to US$588.46, while XRP defied the broader market trend with a 2.26% gain, now priced at US$2.15.
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