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Cryptocurrency Today (May 2): Bitcoin crossed the $39.000 mark, ETH +0.7%, DOGE -1.73%

Yuuma Nakamura by Yuuma Nakamura
May 3, 2022
in Bitcoin Price, Cryptocurrency News, Cryptocurrency Prices Today, Dogecoin Price, Ethereum Price, Hot Crypto, Ripple Price, Special, Tether Price
0

Home » Cryptocurrency Today (May 2): Bitcoin crossed the $39.000 mark, ETH +0.7%, DOGE -1.73%

In the global market, cryptocurrency prices have been rising in the last few days. The increase in supply of the coins is a major factor that determines the rise or fall of the crypto market.

Not only this but new crypto coins are being mined and this has increased the value and demand of the cryptocurrency in the overall trading market. Over the years, one of the top leading coins, Bitcoin has shown a steady increase in its value. 

But, where do the other crypto coins stand at the time? Let’s discuss the price charts of some top-trading crypto coins below.

Table of contents

  • 1- Bitcoin 
  • 2- Ethereum
  • 3- Ripple (XRP) 
  • 4- Tether
  • 5- Dogecoin
  • Final Thoughts

  2 May GMT 07:00

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           Source https://fintechzoom.com/cryptocurrencies/

1- Bitcoin 

According to the latest price reports, Bitcoin has finally crossed the $39.000 mark today which proves to be great news for investors. As compared to other coins in the market, it is currently at a price rate of 39007.04 USD. This is with a 1.47% increase from the last 24 hours.

Moreover, in the last 7 days, the coin has shown a 4.52% decrease from the current value. 

2 May GMT 07:00

           Source https://fintechzoom.com/cryptocurrencies/top-cryptocurrencies/bitcoin/ 

2- Ethereum

After last week’s price reports, Ethereum has taken an uplift in the chart and is being exchanged at the $3000 mark.

With this, currently, it stands at a price rate of 2828.88 USD with a 0.07% increase in the last 24 hours. Furthermore, Ethereum has also experienced a 6.99% decrease in the last 7 days. 

2 May GMT 07:00

           Source https://fintechzoom.com/cryptocurrencies/top-cryptocurrencies/ethereum-eth/ 

3- Ripple (XRP) 

While ripple is currently in a downtrend, it has the potential to succeed and go up in the price charts. With this, it is at a price rate of 0.606 USD at the time of writing.

This is with a huge increase of 1.61% in the last 24 hours. Moreover, in the last 7 days, the coin has experienced a downfall of 17.04% in the crypto market.

2 May GMT 07:00

           Source https://fintechzoom.com/cryptocurrencies/top-cryptocurrencies/ripple/ 

4- Tether

Tether is going to uphold its high values and compete with the other stable coins in the chart. At the time of writing, it stands at 38329.15 USD dollars, with a 0.37% decrease in the last 24 hours. 

Moreover, it has decreased slightly in the last few months with a price decrease of 0.01% in the last 7 days and remained unchanged in the previous month. 

2 May GMT 07:00

           Source https://fintechzoom.com/cryptocurrencies/top-cryptocurrencies/tether/ 

5- Dogecoin

Dogecoin’s price has recently jumped to 20 cents per token after the increase in Bitcoin’s value. At present, it stands at a price rate of 0.1304 USD with a 1.73% increase in the last 24 hours. 

In the last 7 days, the coin has further experienced a downfall of 4.73% in the charts as compared to the current price. 

2 May GMT 07:00

           Source https://fintechzoom.com/cryptocurrencies/top-cryptocurrencies/dogecoin/ 

Final Thoughts

In the end, this year has remained a blockbuster in the world of cryptocurrencies. Several new tokens were introduced in the market and the prices were also satisfying. Moreover, as the demand and utility of the crypto coins increase in the market, we will see a rising trend in the prices charts further. 

Yuuma Nakamura

Yuuma Nakamura

Yuuma Nakamura is a staff writer covering crypto, blockchain, finance and other technology for FintechZoom. Contact: [email protected]

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