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Sahana Vibhute
Sahana Vibhute
Author
- May 05, 2025 06:01 UTC
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Crypto Market Live Today: BTC, ETH, BNB, XRP, Contract, While CORE, WAL, FLR Surge
Despite the rise in institutional interest, the markets remained drained during the previous weekend
With the bulls struggling to uplift the markets, the concerns over the longevity of their strength haunt, pointing towards a potential bull trap
The start of the fresh week trade remains sluggish after experiencing a notable pullback during the weekend. Bitcoin price slashed below $94,000 and seems to be ready for a quick bounce, which may shake up the markets. As Bitcoin consolidated, the top 10 tokens like Ethereum, XRP, BinanceCoin, Cardano, etc., also followed a similar trend and remained glued below their respective resistance levels. Meanwhile, some altcoins display strength, indicating a notable shift in the market sentiment.
Top Gainers for the Day
As Bitcoin began to consolidate, the top altcoins also followed the same trend; meanwhile, some of them worked hard to maintain a strong ascending trend. Core (CORE) price remained the top gainer with nearly 13% profits. With over 133 integrations, the CORE platform is swelling every day. The next is Walrus (WAL), which has surged by over 10% gains after being the top loser during the past weekend. Meanwhile, Flare (FLR), Pudgy Penguins (PENGU), & Fartcoin (FARTCOIN) attracted decent gains, followed by Bonk (BONK) & Sui (SUI).
Top Loser for the Day
The markets are experiencing a corrective phase, where the bears have begun to extract profits from the token that remained bullish in the past few days. With an over 8% plunge, Ethereum Name Service (ENS) price leads, followed by Sonic (prev. FTM S) and BitTorrent (BTT) with a 3% to 4% pullback. However, the loss remained restrictive between 2% and 3% with the other altcoins like Stacks (STX), Render (RNDR), Near Protocol (NEAR), Cardano (ADA) and Ethereum Classic (ETC). This suggests the overall market sentiment remains bullish, and hence, a strong rebound could be imminent.
Regardless of the profit and losses, the community sentiments are extremely bullish on Kaspa (KAS), Cardano (ADA), Pi (PI) and XRP (XRP). The investors foresee a strong ascending trend for these altcoins, probably when Bitcoin’s price displays some strength and revives a rise back above $96,000. Therefore, the crypto market prediction for today remains neutral, with the top token maintaining a range-bound consolidation, compelling the top altcoins to follow the trend, while some may thrive with decent gains.
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