#crypto

The global cryptocurrency market capitalization today is approximately $3.11 trillion, showing a decrease of about 2.13% over the last 24 hours.

Here's a snapshot of the top 10 cryptocurrencies by market capitalization as of today, Saturday, May 3, 2025:

| Rank | Name | Symbol | Price | 24H Change | Market Cap (approx.) |

|---|---|---|---|---|---|

| 1 | Bitcoin | BTC | $96,567.00 | -0.27% | $1.92T |

| 2 | Ethereum | ETH | $1,835.95 | -0.02% | $221.65B |

| 3 | Tether | USDT | $1.00 | +0.01% | $149.23B |

| 4 | XRP | XRP | $2.21 | -0.20% | $129.53B |

| 5 | BNB | BNB | $600.05 | +0.10% | $87.54B |

| 6 | Solana | SOL | $147.95 | -1.30% | $76.63B |

| 7 | USDC | USDC | $1.00 | -0.01% | $61.52B |

| 8 | Dogecoin | DOGE | $0.18 | -0.16% | $26.89B |

| 9 | Cardano | ADA | $0.70 | -1.34% | $25.24B |

| 10 | TRON | TRX | $0.25 | +2.03% | $23.70B |

General Crypto Market Sentiment:

The crypto market today shows a slight overall downward trend. Bitcoin, after recently breaking above $97,000, is now trading near $96,800. While Bitcoin has seen gains over the past few days, many leading altcoins have not followed with the same momentum and are trading near their daily opening prices or experiencing minor declines.

News Highlights:

* The MOVE token of Movement Network has seen a significant price drop (around 20%) following controversy, and Coinbase announced it would suspend its listing on May 15th.

* IMX has been a notable gainer, surging by around 12% today. Other gainers include QNT and EOS (around 8%), and XMR, VIRTUAL, and RAY (around 4%).

* PENGU has been among the top losers with an 8% decline, followed by FET and ENA (around 7%), and TIA and SUI (around 5%).

* Goldman Sachs has revised its forecast for the next Federal Reserve interest rate cut to July, following strong non-farm employment data.

* U.S. Bitcoin ETFs have seen significant inflows, while Ethereum ETFs experienced outflows recently.