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COINTURK NEWS > Cryptocurrency News > Recent Surge in Cryptocurrency Market Continues
Cryptocurrency News

Recent Surge in Cryptocurrency Market Continues

In Brief

  • Bitcoin surpasses $63,000; Ethereum climbs above $3,100.

  • Significant rises also seen in Solana, XRP, and Cardano.

  • Some altcoins record notable gains, while others see declines.

COINTURK NEWS
COINTURK NEWS 1 year ago
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The cryptocurrency market continued its recovery today following the upswing that began on May 3. The largest cryptocurrency, Bitcoin (BTC), exceeded the $63,000 level, while Ethereum (ETH) settled above $3,100. Significant price increases were also observed in other top-tier altcoins such as Solana (SOL), XRP, and Cardano (ADA).

Contents
Current State of Bitcoin and EthereumPrice Increase for Solana, XRP, Cardano, Dogecoin, and Shiba Inu

Current State of Bitcoin and Ethereum

Bitcoin saw a 5.86% increase over the last 24 hours, reaching a level of $63,030 with a trading volume of $32.62 billion. This recovery has pushed the market value of the largest cryptocurrency to $1.27 trillion.

The largest altcoin, Ethereum, with a market value of $374.48 billion, rose 3.87% in the last 24 hours to $3,117. Despite this recovery, Ethereum’s trading volume decreased slightly to $12.37 billion.

Price Increase for Solana, XRP, Cardano, Dogecoin, and Shiba Inu

Popular altcoin Solana surpassed the $140 level with a 3.72% increase in the last 24 hours, reaching $145.04. Despite this rise, Solana’s trading volume fell by 3.66% to $3.17 billion. Ripple’s XRP rose 1.71% in the last 24 hours to $0.5297, nearing the $0.53 mark. XRP’s trading volume also increased by 10.52% to $1.11 billion.

Cardano’s price rose 2.56% in the last 24 hours to $0.4682, while its trading volume decreased by 2.45% to $323.55 million. The prices of popular memecoins Dogecoin (DOGE) and Shiba Inu (SHIB) also saw increases, with DOGE up 12.17% to $0.1502 and SHIB up 7.80% to $0.00002495.

Looking at the list of altcoins that gained the most value today, Nervos Network (CKB) stands out with an 18.70% increase to $0.01872. It is followed by dogwifhat (WIF), which traded at $3.31 with a 17.62% increase, and Floki (FLOKI), which saw a 17.11% rise to $0.0001957. Stacks (STX) is fourth on the list, trading at $2.39 with a 13.98% increase.

In contrast, the list of altcoins that lost the most value is led by Helium (HNT), which fell 2.50% to $5.37, followed by Sui (SUI) with a 2.10% drop to $1.10, and Ondo (OND) with a 0.78% decrease to $0.8199.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 4 May, 2024 - 9:40 am 4 May, 2024 - 9:40 am
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