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Crypto News Today - Tuesday, May 5, 2026
1. Main Coin Prices
Bitcoin (BTC) today ranges from $78,515 to $79,738, up 0.30% to 2.06% in the last 24 hours. Ethereum (ETH) is at $2,312.69, up 0.34%. Solana (SOL) is at $83.93, down slightly by 0.01%. XRP is at $1.3884, up 0.20%, and BNB is at $619.02, up 0.54%.
2. News Highlights
Bitcoin remains in the $78K zone and is testing the $80K resistance. Ethereum appears bullish after successfully breaking a 5-month downtrend, with analysts even predicting a potential 170% increase against BTC. Solana is somewhat held back at lower prices due to dried-up DEX volume and competition from new altcoin ETFs. Tether has just frozen $344 million in USDT linked to illegal activities as a step to maintain legitimacy.
3. Market Sentiment
Bitcoin ETFs continue to be the main support. Goldman Sachs has reportedly bought $1.1 billion in Bitcoin ETFs, marking a strategic shift by major institutions into crypto. On the regulatory side, the US Senate is ready to approve the CLARITY Act, which could be a catalyst for broader institutional adoption.
4. Top Gainers & Losers
Several local and meme coins are soaring today, such as DVI +50%, RSS3 +48.15%, and ZEREBRO +37.59%. Meanwhile, the biggest declines are ROOT -50%, ORC -18.18%, and MPRO -16.67%.
Overall, the market is consolidating. BTC needs to break through $79K to continue rising, ETH is starting to shine, but major altcoins remain mixed. DYOR