Bitcoin (BTC), the world’s oldest and most valued crypto, rose above the $96,000 mark early Monday. Other popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — landed in the greens across the board as the overall Market Fear & Greed Index stood at 53 (Neutral) out of 100, as per CoinMarketCap data. Litecoin (LTC) became the biggest gainer, with a 24-hour jump of nearly 11 percent. Virtuals Protocol (VIRTUAL) turned out to be the biggest loser today, with a 24-hour dip of nearly 13 percent.
The global crypto market cap stood at $2.98 trillion at the time of writing, registering a 24-hour jump of 1.53 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $96,428.03, registering a 24-hour jump of 2.19 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 79.69 lakh.
Ethereum (ETH) Price Today
ETH price stood at $1,828.58, marking a 24-hour gain of 1.46 percent at the time of writing. Ethereum price in India stood at Rs 1.52 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour jump of 1.44 percent, as per CoinMarketCap data, currently priced at $0.1719. Dogecoin price in India stood at Rs 14.54.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour gain of 10.65 percent. At the time of writing, it was trading at $91.38. LTC price in India stood at Rs 7,401.74.
Ripple (XRP) Price Today
XRP price stood at $2.14, seeing a 24-hour jump of 1.15 percent. Ripple price in India stood at Rs 182.86.
Solana (SOL) Price Today
Solana price stood at $145.84, marking a 24-hour jump of 0.80 percent. SOL price in India stood at Rs 12,333.74.
Top Crypto Gainers Today (May 7)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Litecoin (LTC)
Price: $91.52
24-hour gain: 10.56 percent
Worldcoin (WLD)
Price: $0.9473
24-hour gain: 7.01 percent
Stacks (STX)
Price: $0.8266
24-hour gain: 6.17 percent
Onyxcoin (XCN)
Price: $0.01734
24-hour gain: 6.02 percent
Cronos (CRO)
Price: $0.09288
24-hour gain: 5.10 percent
Top Crypto Losers Today (May 7)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Virtuals Protocol (VIRTUAL)
Price: $1.44
24-hour loss: 12.38 percent
Fartcoin (FARTCOIN)
Price: $1.03
24-hour loss: 8.26 percent
Kaspa (KAS)
Price: $0.09004
24-hour loss: 4.98 percent
Pudgy Penguins (PENGU)
Price: $0.01126
24-hour loss: 4.67 percent
Immutable (IMX)
Price: $0.5276
24-hour loss: 4.44 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Alankar Saxena, CTO and co-founder, Mudrex, told ABP Live, “Bitcoin resumed its upward trajectory, trading near $97,000 as market sentiment improved ahead of the FOMC meeting. Factors such as New Hampshire authorising the “Bitcoin reserve bill” and rising hopes over a potential US-China trade deal drove renewed buying by the bulls. While a rate cut remains unlikely, any move toward quantitative easing could inject fresh liquidity into the market, further supporting risk assets like crypto. Ethereum is also in focus, with the Pectra upgrade scheduled for today, adding to the overall market optimism. If BTC breaks the resistance at $97,900, a decisive move above the $100k mark is possible, with support standing at $93,700.”
CoinSwitch Markets Desk noted, “Bitcoin (BTC) is maintaining its position above $94,000, while Ethereum (ETH) and other altcoins are experiencing slight declines. Ethereum traded around $1,826, showing a modest increase of 1.11%, while XRP and Solana (SOL) experienced slight gains, trading at $2.14 and $146.19, respectively. Notably, the VIRTUAL token of the Base-native Virtuals Protocol surged by 207% over the past month, driven by increased institutional interest and the launch of the Genesis launchpad.”
Avinash Shekhar, Co-founder & CEO, Pi42, said, “Bitcoin’s recent rejection at $95,000 underscores the strength of near-term resistance and the cautious sentiment creeping back into the market,” said Avinash Shekhar, Co-Founder & CEO, Pi42. “Despite bullish momentum pushing BTC close to $98,000 last week, the inability to sustain higher levels—coupled with regulatory delays like the SEC’s decision on a Litecoin ETF—has triggered a broader market pullback. With support holding at $93,000 for now, bulls need to reclaim $95K swiftly to prevent further downside pressure across the crypto landscape.”
Shivam Thakral, CEO of BuyUcoin, said, “The growing geo-political uncertainty is fuelling the volatility in the financial markets. Bitcoin breached the $97,000 mark briefly defying the unfavourable macroeconomic factors and geo-political situation. The current mood of the market is wait and watch as the investors await the policy shift decision in today’s crucial Fed meeting. Bitcoin is poised to breach the $100k mark if the current momentum sustains.”
CoinDCX Research Team noted, “The crypto markets experienced a strong recovery just before the day’s close as Bitcoin price climbed above $97,700 from the lows around $93,400. With this, the crypto market capitalization is an inch away from reclaiming the $3 trillion mark. However, Ethereum, Solana, and XRP. Dogecoin & BinanceCoin surged marginally but are yet to validate a rise from the consolidated zone. Meanwhile, Litecoin is the top gainer, recording a rise of over 11%, followed by Onyxcoin and Worldcoin with a 7% rise and BCH & STX with a 6% jump.”
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Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Cryptocurrency is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Cryptocurrency market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.