🚀 Market Overview

  • Global Market Cap: The total cryptocurrency market capitalization has risen to $3.26 trillion, marking a 4.22% increase in the last 24 hours. CoinGecko

  • 24-Hour Trading Volume: Trading volume across the crypto market reached $137.97 billion, reflecting a 32.79% increase over the previous day. CoinMarketCap

📈 Major Cryptocurrencies Performance

Bitcoin (BTC)

  • Current Price: $101,259.00

  • 24-Hour Change: +$5,003.00 (+5.20%)

  • Intraday High / Low: $101,879.00 / $96,120.00

Bitcoin has surpassed the $100,000 mark for the first time in three months, driven by investor optimism following the U.S. Federal Reserve's decision to keep interest rates unchanged. Fast Company+4MarketForces Africa+4CoinDesk+4

$BTC

Ethereum (ETH)

  • Current Price: $2,081.65

  • 24-Hour Change: +$283.40 (+15.76%)

  • Intraday High / Low: $2,081.65 / $1,793.08CryptoSlate

Ethereum experienced a significant price spike of 7% today, indicating a bullish reversal. The Crypto Times

$ETH

BNB (BNB)

  • Current Price: $617.53CryptoSlate+5BitPinas+5CoinCodex+5

  • 24-Hour Change: +$17.85 (+2.98%)Yahoo Finance+2TradingView+2CoinCodex+2

  • Intraday High / Low: $621.90 / $598.33

$BNB

XRP (XRP)

  • Current Price: $2.26

  • 24-Hour Change: +$0.15 (+7.11%)

  • Intraday High / Low: $2.28 / $2.11

Despite recent price slumps, XRP investors from last year's peak are still in profit on average. DL News

Cardano (ADA)

  • Current Price: $0.73708

  • 24-Hour Change: +$0.07746 (+11.74%)

  • Intraday High / Low: $0.740371 / $0.656659

🔍 Key Market Developments

  • Bitcoin's Surge: Bitcoin's price increase is attributed to renewed investor confidence following the Federal Reserve's decision to maintain current interest rates. Bitcoin News+1MarketForces Africa+1

  • Ethereum's Bullish Reversal: Ethereum has spiked 7% today, signaling a bullish reversal in its price trend. The Crypto Times

  • XRP's Institutional Interest: Ripple's market report hints at major institutional moves, even as XRP's price stumbles below key levels. Brave New Coin

  • Market Liquidations: The crypto market saw $291 million in liquidations over the past 24 hours, with Bitcoin leading at $113.9 million, driven by its surge back to $100,000. BitPinas

📊 Market Sentiment

The overall market sentiment is bullish, with major cryptocurrencies experiencing significant price increases and trading volumes surging. Investors are optimistic about the market's direction, especially with Bitcoin reclaiming the $100,000 level.

#BTCBackto100K #BTCtrade #TradeStories #MarketSentimentToday

Note: All prices and statistics are accurate as of May 9, 2025.