- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Crypto Markets Add $70 Billion as Bitcoin (BTC) Jumped by $4K Daily (Market Watch)
By: cryptopotato|2025/05/07 17:15:01
0
Share
Bitcoin’s price correction that lasted a few days came to an abrupt halt as the cryptocurrency skyrocketed by over four grand from bottom to top within less than 12 hours.Many altcoins have turned green as well, which could be attributed to positive developments on the US-China Trade War front.BTC Rockets to $97KBTC had a strong start to May, as its price surged from $93,500 on April 30 to over $97,000 the next day. The bulls kept the pressure on, and the asset climbed to $98,000 on Friday, its highest price tag in over two months.While many anticipated a run toward $100,000, BTC’s price trajectory reversed, and it started to lose traction in the following days. By Monday and Tuesday, the primary digital asset had lost almost five grand and slipped to $93,500.That’s when reports emerged that the two leading economic powers, China and the US, plan to meet in Switzerland soon regarding the tariffs set by both nations against each other. Trade War news has impacted the crypto market for the past few months, and this time was no exception.Bitcoin reacted with an immediate price surge that drove it from the aforementioned low to over $97,600 within hours. Although it has lost some traction and now sits around $97,000, it’s still 3% up on the day.Its market cap has neared $1.930 trillion on CG, while its dominance over the alts is above 62%.BTCUSD. Source: TradingViewLTC Bounces-OffFollowing news that the SEC had delayed making a decision on an LTC ETF application, the underlying asset plunged hard yesterday by over 8%. However, its 24-hour chart now shows a 13% surge that has pushed its price beyond $92.HYPE follows suit in terms of daily gains, having surged past $21 after a 6% increase. CRO, AAVE, SUI, LINK, DOGE, ADA, BCH, and HBAR are also well in the green.The total crypto market cap has added over $70 billion since yesterday’s low and is above $3.1 trillion on CG now.Cryptocurrency Market Overview. Source: QuantifyCryptoThe post Crypto Markets Add $70 Billion as Bitcoin (BTC) Jumped by $4K Daily (Market Watch) appeared first on CryptoPotato.
You may also like
Aster Chain officially launches: defining a new era of on-chain privacy and transparency
The privacy-focused trading ecosystem Aster, supported by YZi Labs, announced today that the Aster Chain mainnet is officially launched.
Stargate Debut Illustrated: The 1.4 Trillion Computing Power Empire Dream, Awakened
One Year Plus, Zero Employees, Zero Code
A Billion-Dollar Life Buy Threat Triggered by an Iranian Missile
One Word Change by a Reporter Can Make Gambler Win Millions
BlackRock Launches ETHB: Ethereum ETF Enters 'Interest-Bearing Age'
The BlackRock ETHB is not the first Ethereum ETF in the United States, but it is taking the most standard route.
Nvidia Starts Putting Chips in the Road | Rewire News Evening Update
Huang Renxun said this is the "ChatGPT Moment of Autonomous Driving"
RootData: February 2026 Cryptocurrency Exchange Transparency Research Report
This month's cumulative spot trading volume on cryptocurrency exchanges has decreased slightly by 4.7% compared to January, which is the result of multiple factors including market conditions, the macro environment, and the Spring Festival holiday in Chinese-speaking regions.
「One and Done SEA」, so OpenSea chooses to wait a little longer
It's already Q1 2026, and we're still waiting for OpenSea to launch its token.
Ray Dalio: The Resolution of the US-Iran Conflict Is In the Strait of Hormuz
In war, the ability to endure pain is often more important than the ability to inflict pain.
In just 70 days, Polymarket easily raked in tens of millions in fees
The money printer is running, and the future ceiling only depends on two main variables.
Matrixdock is launching the Silver Token XAGm, built on the FRS standard as an on-chain silver-backed asset.
In the future, Matrixdock will continue to expand to include more high-quality real-world assets, driving the development of a more transparent and robust on-chain reserve asset system.
a16z: The Hardest Enterprise Software, and the Greatest Opportunity in AI
The world will continue to run on SAP, but AI will reshape it
Polymarket Market-Making Bible: Pricing Spread Formula
This article presents a comprehensive market-making pricing framework that will elevate you from "guesstimate pricing spread" to "formula-based pricing spread."
Ray Dalio: If the United States loses Hormuz, it will lose more than just a war
In war, who can endure pain better is often more important than who can inflict pain better.
How to Earn Up to 40% Rebates on Crypto Futures Trading (WEEX Trade to Earn IV Guide)
WEEX Trade to Earn IV lets traders earn up to 40% fee rebates in real time through a tiered miner system tied to trading activity. With additional boosts from referrals, it offers a more reliable alternative to airdrops as the crypto market gains momentum.
NVIDIA Plays Trillion-Dollar Chess Game | Rewire News Morning Edition
DGX Station, a desktop workstation capable of running trillion-parameter models
Real-time Update | NVIDIA GTC 2026 Conference Highlights Galore
The most anticipated annual event in the AI field, NVIDIA's GTC 2026 Conference, kicked off today in San Jose, California, USA.
People Behind Pokémon Go: Started with CIA's Money, Now Mapping the World for the Military AI
The security of data depends on whose hands it ends up in.
Huang Renxun GTC Speech Full Text: By 2027, Market Demand Will Exceed $1 Trillion; Everyone Should Develop an OpenClaw Strategy
The underlying business logic driving future growth will be the "Tokenomics of a Platform Factory."
Aster Chain officially launches: defining a new era of on-chain privacy and transparency
The privacy-focused trading ecosystem Aster, supported by YZi Labs, announced today that the Aster Chain mainnet is officially launched.
Stargate Debut Illustrated: The 1.4 Trillion Computing Power Empire Dream, Awakened
One Year Plus, Zero Employees, Zero Code
A Billion-Dollar Life Buy Threat Triggered by an Iranian Missile
One Word Change by a Reporter Can Make Gambler Win Millions
BlackRock Launches ETHB: Ethereum ETF Enters 'Interest-Bearing Age'
The BlackRock ETHB is not the first Ethereum ETF in the United States, but it is taking the most standard route.
Nvidia Starts Putting Chips in the Road | Rewire News Evening Update
Huang Renxun said this is the "ChatGPT Moment of Autonomous Driving"
RootData: February 2026 Cryptocurrency Exchange Transparency Research Report
This month's cumulative spot trading volume on cryptocurrency exchanges has decreased slightly by 4.7% compared to January, which is the result of multiple factors including market conditions, the macro environment, and the Spring Festival holiday in Chinese-speaking regions.
App