What's Happening in the Cryptocurrency Market? (May 3)

Here are the cryptocurrency news of May 3, the most up-to-date developments, here are the most appreciating and depreciating cryptocurrencies...

Interest in cryptocurrencies has increased significantly during the coronavirus outbreak. However, investors began to closely monitor the movements of important cryptocurrencies such as Bitcoin, Ethereum and Ripple. The most curious cryptocurrencies by investors; How did Bitcoin, Ethereum, Ripple start the day? The cryptocurrency world is going through a very active period. The statements of US President Joe Biden regarding the changes in the tax law, the CBRT's ban on cryptocurrencies from payments, and the addition of crypto asset service providers to the liabilities section by publishing a new regulation with the decision of the President had a great impact on the cryptocurrency market. With the news that JPMorgan Chase would set up a Bitcoin fund to be actively managed in the first days of the summer to offer it to certain customers, BTC, which went above $ 55,000, fell to over $ 52,000 with profit sales. In yesterday's transactions, it recovered and was traded around 56 thousand 700 dollars. The increase in Ethereum continued yesterday. The leading altcoin left behind the $ 2,800 support and was traded for around $ 2,900 in yesterday's transactions. Ripple has also increased, influenced by the positive weather in the market.

How Much Is A Bitcoin?

Strong signals were seen that the long-term upward trend in Bitcoin, which saw a serious recovery between April 26 and May 2, continues. The leading cryptocurrency is trading at $ 58,664.7 at the time of writing. BTC's gain in the past 24 hours was 2.90 percent.

What Is The Price of Ethereum?

Ethereum, which has been rising for days, has gained value today, crossing the 3 thousand dollar limit and breaking a new record. The new record seen in Ethereum came as the time of transition to 2.0, an advanced, new version of ETH, is getting closer with each passing day, and developments in this area have been relatively smooth to date. The price of the second most valuable cryptocurrency in terms of market value climbed up to 26 thousand TL in local cryptocurrency exchanges. ETH is trading at $ 3,141.29 at the time of writing. The leading altcoin has gained 7.02 percent in the last 24 hours.

What Is The Price of Ripple?

XRP continues to rise steadily. XRP, which has been steadily in value for days, has gained 0.24 in the last 24 hours and is trading at $ 1.58479 at the time of writing.

How Much Was BTT?

BitTorrent has gained 0.81 in the last 24 hours, affected by the positive mood in the cryptocurrency market. BTT is currently trading at $ 0.007069.

What Is The Price of CHZ?

Chiliz, who lost value for 3 days, started the new week with a slight gain. CHZ has gained 1.61 percent in the past 24 hours, Altcoin is finding buyers at $ 0.539138 at the time of writing.

Latest News

Total Value of the Cryptocurrency Market Rises to $ 2.3 Trillion With impressive performance in Bitcoin, Ethereum and other altcoins, the total market value of cryptocurrencies increased to $ 2.3 trillion in 2021. Bitcoin holds almost 50 percent of the market value in question. The market value, which rose above 1 trillion dollars in the first days of January, continues to rise day by day. With the investment of MicroStrategy and Tesla in Bitcoin, investors have shown great interest in the cryptocurrency market, which is the driving force behind this rise. Ethereum Exceeded $ 3K Ethereum has exceeded 3 thousand dollars. ETH, which has gained value for days in a row, continued to rise, reached above the $ 3 thousand and broke a new record. The new record seen in Ethereum came as the time of transition to 2.0, an advanced, new version of ETH, is getting closer with each passing day, and developments in this area have been relatively smooth to date. The price of the second most valuable cryptocurrency in terms of market value climbed up to 26 thousand TL in local cryptocurrency exchanges.