Bitcoin (BTC) was able to jump yesterday after the meeting of the Federal Open Market Committee (FOMC). The fear decreases slightly and confidence increases again. Most altcoins then rose even slightly faster. Still, many cryptocurrencies struggled somewhat this morning to hold their own, despite the fact that the total market cap is up 2.6% to $1.89 trillion.
📈Market Overview#BTC price trades above $39K
The Top 10 are traded in the green zone $ADA +10.7%, $SOL +7.9%, $XRP +5.2%
Market cap: $1.90T (+4.66%) $BTC dominance: 39.57% (-1.27%)
Fear & Greed Index: 27 (Fear)Full Report👉https://t.co/9cZ9MQkt5y pic.twitter.com/Rxgb2wgmN6
— CryptoRank Platform (@CryptoRank_io) May 5, 2022
Ethereum up 3.2%
Ethereum (ETH) dipped as low as USD 2,770 on Tuesday and then began to rise. Yesterday morning the ether price rose to $2,880, but was not able to break through yet. ETH then dropped to USD 2,840 and then the FOMC news came out. ETH then rocketed to a peak of USD 2,960, but hasn’t gotten beyond that yet. This morning, ETH struggles to hold its own as it dips to $2,930, but the price is still up 3.2%.
The Merge is closer than ever before🐼 pic.twitter.com/6kLec39Xz9
— sassal.eth 🦇🔊🐼 (@sassal0x) May 5, 2022
LUNA in red
Terra (LUNA) is already struggling to hold its own. LUNA failed to hold onto $87 last night and the price is also currently falling through $86 to $85.5. With this, LUNA is today 1.3% in the min. Terra is almost the only crypto from the entire top 100 that is red today.
BNB, DOGE, SHIB in the plus
Binance coin (BNB) touched nearly $405 last night, but failed to hold above $400 this morning. Nevertheless, BNB is 2.4% in the plus. Dogecoin (DOGE) is also up 2.4%, but is currently dropping to $0.134. Shiba inu (SHIB) is up 2.4% again, but is currently falling towards $0.0000214.
XRP, DOT, SOL rise faster
Ripple (XRP) peaked above USD 0.65 last night, but is currently falling below USD 0.64. Nevertheless, XRP is already 3.4% in the plus. Polkadot (DOT) appears to be slightly more stable and remains above $16 for the time being, bringing the price up to 5.3%. Solana (SOL) touched a high of $95 last night but is currently trading below $93. Still, SOL is 5.8% in the plus.
AVAX & ADA rise fastest
Avalanche (AVAX) failed to recapture $70 last night, but is still up 7.9% today with a price of $66. Cardano (ADA) is once again the fastest riser among the largest crypto. The ADA price is today no less than 8.2% in the green. ADA failed to recapture $0.9 last night, but can the price currently hold at $0.87?
@Cardano retail interest is rapidly increasing.
The balance held by traders – addresses holding for <30 days, has increased by 186% in just 30 days.
These addresses now collectively hold 36.14% of the $ADA supply. pic.twitter.com/CqwyDhY3zq
— IntoTheBlock (@intotheblock) May 4, 2022
ZIL fastest riser crypto top 100
Loopring (LRC), curve (CRV), zcash (ZEC), tron (TRX) and apecoin (APE) are all up about 9% today. Ethereum classic (ETC), uniswap (UNI), gala (GALA), cosmos (ATOM) and tezos (XTZ) are even rising by about 10%. Lido (LDO) is 12% in the plus, axie infinity (AXS) almost 15% and waves (WAVES) no less than 20%. The big winner of the day is zilliqa (ZIL). The ZIL price is no less than 27% in the plus, although the price is currently falling below $0.9 again.
💥With leading combined social + market activity, #Zilliqa has hit the No.1 LunarCrush AltRank™
🌋24-hour social activity:
Social mentions: 6.9K +101.1%
Social contributors: 255 +109%
Social dominance: 0.3% +250%
Social engagement: 16.94M +201.9%https://t.co/B06qg4cLEz $zil pic.twitter.com/hxajDuAIVG— LunarCrush (@LunarCrush) May 5, 2022
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5 May 2022$FITFI $EVMOS $GMT $APE $TRX $FTM $CRO $PALLA $MMF $ZIL pic.twitter.com/V7Zhq4pIvH— 🇺🇦 CryptoDep #StandWithUkraine 🇺🇦 (@Crypto_Dep) May 5, 2022