*Update Cryptocurrency Today – May 2, 2026*

Cryptocurrency markets today tend to be optimistic. Bitcoin is hovering around the $78,000-$78,470 range after ETF inflows surpassed $1.9 billion this week. Total crypto market capitalization rose to $2.6 trillion, with BTC dominance still above 60%. Strong support is at $74,900, with a short-term bullish target of $79,500+ if broken.
XRP is in the spotlight because it is forming an inverse head-and-shoulders pattern. Price is stuck between $1.38-$1.40. If it manages to hold above $1.40, analysts target $1.45-$1.60. But if it breaks below $1.35, the risk is down to $1.25-$1.30. Ripple whales just locked 700 million XRP into escrow, tightening supply further.
Altcoins remain selective. Kaspa (KAS) at $0.0343 has increased by 2.4% in 24 hours, following BTC’s trend. Injective (INJ) is testing an important resistance that has failed to be broken twice. Cronos (CRO) rose slightly by 0.45% daily to $0.01752, but sentiment remains neutral as weekly change is -1.59%.
ETF signals and easing US inflation data support a risk-on flow into major altcoins. But stay cautious of volatility. DYOR.