Cryptocurrency Prices on May 4: Bitcoin Down 0.58%, Ethereum Up 0.04%
ByAinvest
Sunday, May 4, 2025 2:50 am ET1min read
BTC--
Bitcoin (BTC) saw a slight decline, trading within the $96,350 to $97,180 range [1]. This move follows a decisive surge above the $90,000 level on April 22, accompanied by significant capital inflows. OpenAI’s ChatGPT-4o predicted three distinct price targets for May 30, with a bullish scenario pushing BTC to $112,000 to $122,000 and a bearish scenario bringing it down to $78,000 [1].
Ethereum (ETH) saw a marginal increase, trading at $1,838.32. A significant institutional move occurred on May 3, when BlackRock purchased 10,955 ETH worth $20.1 million, signaling strong institutional interest in Ethereum [2]. This purchase contributed to a 3.5% price increase for ETH, pushing it past the critical resistance level of $1,800.
Altcoins such as Solana (SOL) and Dogecoin (DOGE) experienced declines. Solana dropped 1.41% to $145.99, while Dogecoin fell 2.80% to $0.1753. Pi (PI) was the top gainer, rising 2.47% to $0.6064.
The Capribera NFT collection, which launched after a three-year wait, has sparked interest in the NFT market [3]. The collection features a unique trait system and a dedicated forum, driving community engagement and secondary market activity.
References:
[1] https://finbold.com/chatgpt4-o-predicts-bitcoin-price-for-may-30-2025/
[2] https://blockchain.news/flashnews/blackrock-buys-10-955-eth-worth-20-1-million-impact-on-ethereum-price-and-crypto-trading-strategies
[3] https://blockchain.news/flashnews/capribera-nft-collection-launches-after-3-year-wait-key-trading-insights-and-market-impact
ETH--
PI--
TOPC--
On May 4, the cryptocurrency market experienced mixed movements with Bitcoin down 0.58% to $95,949.88, Ethereum up 0.04% to $1,838.32, and XRP down 0.45% to $2.20. Other notable altcoins included Solana down 1.41% to $145.99 and Dogecoin down 2.80% to $0.1753. Pi was the top gainer, up 2.47% to $0.6064.
On May 4, the cryptocurrency market experienced mixed movements with Bitcoin down 0.58% to $95,949.88, Ethereum up 0.04% to $1,838.32, and XRP down 0.45% to $2.20. Other notable altcoins included Solana down 1.41% to $145.99 and Dogecoin down 2.80% to $0.1753. Pi was the top gainer, up 2.47% to $0.6064.Bitcoin (BTC) saw a slight decline, trading within the $96,350 to $97,180 range [1]. This move follows a decisive surge above the $90,000 level on April 22, accompanied by significant capital inflows. OpenAI’s ChatGPT-4o predicted three distinct price targets for May 30, with a bullish scenario pushing BTC to $112,000 to $122,000 and a bearish scenario bringing it down to $78,000 [1].
Ethereum (ETH) saw a marginal increase, trading at $1,838.32. A significant institutional move occurred on May 3, when BlackRock purchased 10,955 ETH worth $20.1 million, signaling strong institutional interest in Ethereum [2]. This purchase contributed to a 3.5% price increase for ETH, pushing it past the critical resistance level of $1,800.
Altcoins such as Solana (SOL) and Dogecoin (DOGE) experienced declines. Solana dropped 1.41% to $145.99, while Dogecoin fell 2.80% to $0.1753. Pi (PI) was the top gainer, rising 2.47% to $0.6064.
The Capribera NFT collection, which launched after a three-year wait, has sparked interest in the NFT market [3]. The collection features a unique trait system and a dedicated forum, driving community engagement and secondary market activity.
References:
[1] https://finbold.com/chatgpt4-o-predicts-bitcoin-price-for-may-30-2025/
[2] https://blockchain.news/flashnews/blackrock-buys-10-955-eth-worth-20-1-million-impact-on-ethereum-price-and-crypto-trading-strategies
[3] https://blockchain.news/flashnews/capribera-nft-collection-launches-after-3-year-wait-key-trading-insights-and-market-impact
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