Bitcoin (BTC) Starts the Day with a Surge: 8 Altcoins Follow the Uptrend!

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The cryptocurrency market today, May 6, witnessed a price increase led by Bitcoin. The world’s dominant cryptocurrency surpassed $64,000 while other leading altcoins such as Ethereum, Solana, XRP and Cardano also recorded notable gains.
Bitcoin (BTC) continued its positive momentum and reached $64,132.50, a 1.17% increase at the time of writing. This indicates a significant recovery from the low levels of $57,000 seen last week.
Despite the price increase, Ethereum’s (ETH) trading volume slightly decreased by 3.24%. Other altcoins made significant gains. Solana (SOL) approached $150 with a price increase of 1.58% and settled at $147.81. XRP (XRP) also performed well, surpassing the $0.53 boundary with a gain of 1.16% to reach $0.5339.

The cryptocurrency market sees a surge led by Bitcoin, with other leading altcoins also recording notable gains. Bitcoin’s positive momentum continues as it surpasses $64,000.

Bitcoin Breaks Resistance

Bitcoin’s trading volume in the last 24 hours decreased by 12.18% to $17.67 billion, indicating a potential consolidation phase following the recent price increase. Ethereum (ETH), the second-largest cryptocurrency, reflected Bitcoin’s positive sentiment. ETH price rose by 1.73% to $3,148.06, and its market value exceeded $374 billion.

Altcoins Register Significant Gains

Other altcoins such as Solana (SOL), XRP, and Cardano (ADA) also made significant gains. Meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) even joined the rally; DOGE rose by 1.77% to $0.1626, while SHIB increased by 1.22% to $0.00002479.

Biggest Winners and Losers in Altcoins

Beyond established players, some lesser-known cryptocurrencies experienced even more striking price movements. Worldcoin (WLD) rose by 16.80% to $5.87, while Fetch.ai (FET) and SingularityNet (AGIX) showed increases of 12.99% and 12.28% respectively. However, there were also some losses in the market. Dogwifhat (WIF) fell by 3.10% to $3.30, while Core (... Read the full article for FREE at COINOTAG!