Crypto Market Update – May 11, 2025
The cryptocurrency market continues its bullish momentum, with Bitcoin (BTC) and Ethereum (ETH) leading the charge. Altcoins are also showing significant gains, indicating a potential altcoin season.
🟡 Bitcoin (BTC)
Price: $103,669
24h Change: -0.20%
4h High / Low: $104,857 / $103,127
Bitcoin maintains its position above the $100,000 mark, reflecting investor confidence. The slight dip in price suggests a consolidation phase after recent gains.
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Price: $2,502.75
24h Change: +5.76%
24h High / Low: $2,587.64 / $2,360.03
Ethereum has surged past the $2,500 level, marking a significant milestone. The increase in trading volume indicates strong market participation and bullish sentiment.
🟢 Altcoins Overview
$BNB : $657.47 (-0.81%)
Cardano (ADA): $0.797 (+0.16%)
$XRP : $2.37 (-0.84%)
Altcoins are experiencing mixed movements. While some, like ADA, show modest gains, others like BNB and XRP have seen slight declines. However, the overall market sentiment remains positive.
📊 Market Capitalization & Dominance
Total Market Cap: $3.37 trillion
Bitcoin Dominance: 61.25%
The total cryptocurrency market capitalization has increased, indicating growing investor interest. A slight decrease in Bitcoin's dominance suggests a potential shift towards altcoins.