Top Cryptocurrencies Drop; Bitcoin Hovers Near $97,000

MT Newswires Live

May 03, 2025

Major digital assets were mostly lower late afternoon Friday with Bitcoin (BTC-USD) trading close to $97,000.

The CoinDesk Market Index, which tracks dozens of digital assets including Bitcoin, rose 0.1% in the past 24 hours. The Nasdaq 100 gained 1.6%, the S&P 500 was up 1.5%, and the Dow Jones Industrial Average increased 1.5%.

Bitcoin rose 0.2% to $96,829, according to CoinMarketCap data. The most popular cryptocurrency's 24-hour trading volume fell 18% to $26.67 billion.

Ethereum (ETH-USD), the second-largest digital asset by market value, decreased 0.7% to $1,838.

XRP (XRP-USD) dropped 0.7%, BNB (BNB-USD) lost 0.3%, while Solana (SOL-USD) fell 1.5%.

Dogecoin (DOGE-USD) fell 0.6%, and Cardano (ADA-USD) dropped 2.2%.

The US 10-year Treasury yield stood at 4.318% at 3 p.m. ET Friday, up from 4.225% Thursday, while the five-year yield rose to 3.931% from 3.809%.

The total market value of the cryptocurrency industry rose 0.1% in the past 24 hours to $3.01 trillion with trading volume falling 14% to $71.9 billion.

Price: 96871.34, Change: +379.81, Percent Change: +0.39

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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