Crypto Prices Today May 4: Bitcoin Rallies Past $63K As ETF Inflows Regain Momentum

The top crypto prices today extended the rebound frenzy as the Bitcoin (BTC) price surged past the $63,000 level. In addition, the Ethereum (ETH) price mirrored the sentiment and sustained above the $3,100 mark. Moreover, other top altcoins, such as Solana (SOL), XRP, Cardano (ADA) also gained notably.

Major Crypto Prices Today

1. Bitcoin Price

The Bitcoin price soared by 5.86% reaching $63,030.40 at the time of writing on Saturday, May 4. On the other hand, it’s trading volume surged 8.32% to $32.62 billion in the last 24 hours. Whilst, the crypto’s market capitalization climbed to $1.27 trillion.

2. Ethereum Price

The Ethereum price rallied 3.87% to $3,117.60 at press time with a market valuation of $374.48 billion. Whilst, ETH saw its trading volume drop 0.75%, reaching $12.37 billion.

3. Solana Price

The Solana price recovered significantly and approached the the $140 mark today. The Solana price rallied 8.33%, settling at $139.84. In contrast, SOL witnessed a 20.36% drop in trade volume to $3.31 billion in the last 24 hours.

4. XRP Price

Whilst, the XRP price traded above the $0.52 level. The XRP price recorded a gain of 1.7m81%, reaching $0.5209. On the other hand, XRP’s trading volume slumped 43.68% to $1 billion.

5. Cardano Price

Meanwhile, the Cardano crypto price was up 2.82% to $0.4566 today. Whilst, ADA recorded a decline of 37.77% in its 24-hour trading volume, settling at $331.69 million.

6. Dogecoin & Shiba Inu Price

The Dogecoin price surged 7.35% to $0.1336 while its rival, Shiba Inu price was rallied 6.37% and traded at $0.00002315.

Also Read: Jack Dorsey’s Block Boosts Its Bitcoin Bet With 10% Gain Reinvestment

Top Crypto Gainers Today

• Nervos Network (CKB): The CKB crypto surged 18.70% and traded at $0.01872.
• Dogwifhat (WIF): The Dogwifhat meme crypto price rallied 17.62% to $3.31.
• Floki (FLOKI): The Floki crypto price was soared 17.11% and was valued at $0.0001957.
• Stacks (STX): The STZ crypto price rose 13.98% to $2.39.

Top Crypto Losers Today

• Helium (HNT): The Helium price lost 2.50%% to $5.37.
• Sui (SUI): The Sui price dipped 2.10% to $1.10.
• Ondo (ONDO): The Ondo crypto dropped 0.78% to $0.8199.
• Polkadot (DOT): The DOT price was down 0.39% to $7.18.

The recent rebound in the Bitcoin price could be largely attributed to the resurgence of ETF inflows. On Friday, May 3, the Spot Bitcoin ETFs recorded a massive influx of $378 million. Moreover, the Grayscale Bitcoin Trust (GBTC) witnessed the first day of positive flow with $63 million net inflow.

Also Read: Tether Implements Chainalysis Surveillance to Tackle Illicit Crypto Activities

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