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๏ปฟAnjali Belgaumkar
๏ปฟAnjali Belgaumkar
Author
Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto โEnthusiastโ but trust me I'm getting there.
- May 09, 2025 03:03 UTC
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Ethereum’s 19% Surge Tops Bitcoin’s Recovery to $102,000; Altcoins XRP, ADA, DOGE Join Rally
Crypto market cap hits $3.21T as Ethereum surges nearly 20% and Bitcoin climbs above $102K.
Altcoins rally strong, with Dogecoin, Cardano, and Shiba Inu posting double-digit gains across the board.
The cryptocurrency market kicked off Thursday on a strong note, with major assets flashing green and the global market capitalization climbing to $3.21 trillion, marking a 5.67% increase in the past 24 hours.
ETH and BTC Lead the Surge
Ethereum (ETH) took the spotlight as the top gainer among major cryptocurrencies, surging 19.57% to $2,203.86, followed by Bitcoin (BTC), which also edged higher by 3.90% to trade at $102,610.09.
The Fear & Greed Index currently reads 70, indicating strong market greed as investors rush to ride the bullish wave. However, the Altcoin Season Index stands at 36/100, hinting that despite recent gains, Bitcoin still dominates the market momentum.
Altcoins Join the Rally
Other performers include XRP, which saw its price increase by 6.43% to $2.30. Solana also had a good day, jumping by 8.21% to reach $162.41. Meme-favorite Dogecoin joined the rally with a 10.51% surge, bringing its price to $0.1952. Cardano impressed traders as well, with its price moving up by 11.81% to $0.7716.
BNB showed a quieter but steady performance, increasing by 2.97% to $624.31. Meanwhile, stablecoins like Tether and USDC stayed close to their usual $1 mark, holding steady at $0.9999 each.
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The rally continues deeper into the crypto market rankings. Sui saw an impressive 12.34% jump over the past 24 hours, trading at $3.96, despite a slight 1.09% dip in the last hour. Chainlink also climbed higher, gaining 11.18% to trade at $15.83, keeping its momentum steady over the week.
Avalanche joined the list of gainers, rising by 11.16% in the last day to reach $22.24. Stellar wasnโt far behind, posting a 10.58% increase to settle at $0.2936. Meme-favorite Shiba Inu recorded a 9.90% rally, now valued at $0.00001430.
Bitcoin Cash delivered a solid performance too, climbing by 4.88% to $420.26, while Hedera added 8.52% to its price, now trading at $0.1944. Meanwhile, UNUS SED LEO remained relatively stable, edging up by 0.67% to $8.86.
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FAQs
Strong gains in Ethereum and Bitcoin, along with investor optimism, pushed the global market cap up 5.67% to $3.21 trillion.
Yes, altcoins like Dogecoin, Cardano, Solana, and Shiba Inu posted double-digit gains following Bitcoinโs rise.
Yes, despite altcoins performing well, Bitcoin remains the dominant force, as shown by the high Fear & Greed Index and Altcoin Season Index at 36.
Yes 
No 
