#MarketPullback The cryptocurrency market today, May 5, 2025, shows a slight overall decrease. The global market capitalization stands at approximately $3.04 trillion, marking a roughly 2.93% dip in the last 24 hours. Bitcoin (BTC) is trading around $94,233, down by about 1.38%. Ethereum (ETH) is priced at approximately $1,809, reflecting a decrease of around 1.29%.
Other major cryptocurrencies also exhibit some downward movement. Solana (SOL) is trading near $144.63, down by about 0.97%. XRP is around $2.16, showing a decrease of roughly 1.37%. Dogecoin (DOGE) is at $0.1718, down by about 1.75%, and Cardano (ADA) is at $0.6739, with a decrease of about 2.71%.
Despite the slight bearish trend in major coins, some smaller cryptocurrencies are showing significant gains. However, the overall market sentiment appears cautious as traders monitor economic indicators and await further market catalysts. The trading volumes for both Bitcoin and Ethereum have seen a decrease in the last 24 hours, suggesting reduced activity.