Bitcoin Reaches $63k, Ethereum Climbs Over $3,100, Solana and TON Experience Significant Growth: Crypto Price Report on May 6
The crypto market kicks off the week with a positive outlook, as most tokens experience an increase in their prices. According to data from CoinMarketCap, a crypto price tracker, the global crypto market cap has grown by approximately 0.56% to reach $2.34 trillion in the past 24 hours. Furthermore, the total market trading volume has surged by a significant 27.60% to $63.45 billion. Stablecoins account for more than 90% of the total volume, amounting to $57.17 billion within the recorded time.
With that being said, we turn our attention to top cryptocurrencies such as Bitcoin, Ethereum, Solana, and TON for today’s price analysis. Let’s take a closer look at their price movements.
Today’s Top Crypto Prices
At the time of writing, the price of Bitcoin, the leading cryptocurrency, has slightly increased. According to CoinMarketCap, BTC is currently being traded at $63,917, representing a 0.25% spike in the past 24 hours. The dominant cryptocurrency has also witnessed a surge in its trading activity during this period, jumping by 39.33% to $24.6 billion. As a result, BTC now boasts a live market cap of $1.26 trillion.
The price of Ethereum (ETH), the second-largest cryptocurrency by market cap, has surpassed the $3,100 mark and is currently trading at $3,121, indicating a 0.49% decline in the past 24 hours. Additionally, ETH has recorded a 24-hour trading volume of $11.3 billion, showing a 32.7% increase in the past day, with a live market cap of $374.3 billion.
Solana (SOL) has experienced the highest gains among the top ten cryptocurrencies. According to CMC data, the price of SOL has surged by 6.50% in the past 24 hours, reaching $155.78. However, its trading volume tells a different story, declining by 8.46% to $2.39 billion over the last day. Ultimately, Solana occupies the #5 spot on the crypto market chart with a live market cap of $69.3 billion.
TON, the 9th-largest cryptocurrency by market cap, has also seen a surge of 3% in the past 24 hours, reaching a trading price of $5.98. Additionally, the 24-hour trading volume has skyrocketed by 69.6% to $261 billion, with a live market cap of $20.7 billion.
On the memecoin front, Dogecoin (DOGE) has experienced a 0.31% drop in the past period, trading at $0.159, with a 24-hour trading volume of $1.59 billion and a live market cap of $23 billion. Shiba Inu (SHIB), the second-largest memecoin in terms of trade volume, has also declined by 0.29% at the time of writing, trading at $0.00002466.
Today’s Top Trending Tokens – May 6
On the trending list, several tokens have gained significant traction in the past 24 hours. Some of these tokens include:
Shark Cat (SC), a Solana-based meme coin featuring the popular shark cat meme, has surged by 24.63% in the past day, trading at $0.20. The coin currently holds the #2484 position on the global crypto market chart, with a live market cap of $198.2 million.
Tellor (TRB), a decentralized oracle protocol that provides requested data, is the second top gainer for today. According to statistics, the coin has witnessed a 17% gain in the past 24 hours. TRB is positioned at #250 on the global crypto market chart, with a market cap of $240 million.
Tags: Bitcoin (BTC), Ethereum, Shark Cat, Solana, TONcoin, TRB.
