Cryptocurrency Price Today (May 2): Bitcoin Rises Above $96,000, Immutable Becomes Top Gainer
Cryptocurrency price on May 2 quick take: The global market cap rose to $3.02 trillion.
Bitcoin (BTC), the world’s oldest and most valued crypto, managed to climb above the $96,000 mark early Friday. Other popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — landed in the greens across the board as the overall Market Fear & Greed Index stood at 55 (Neutral) out of 100, as per CoinMarketCap data. Immutable (IMX) became the biggest gainer, with a 24-hour jump of nearly 20 percent. Pudgy Penguins (PENGU) token turned out to be the biggest loser today, with a 24-hour dip of nearly 7 percent.
The global crypto market cap stood at $3.02 trillion at the time of writing, registering a 24-hour jump of 1.98 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $96,842.44, registering a 24-hour jump of 2.14 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 80.32 lakh.
Ethereum (ETH) Price Today
ETH price stood at $1,842.05, marking a 24-hour gain of 1.45 percent at the time of writing. Ethereum price in India stood at Rs 1.53 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour jump of 3.91 percent, as per CoinMarketCap data, currently priced at $0.1814. Dogecoin price in India stood at Rs 15.29.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour gain of 5.54 percent. At the time of writing, it was trading at $89.45. LTC price in India stood at Rs 7,336.50.
Ripple (XRP) Price Today
XRP price stood at $2.21, seeing a 24-hour gain of 0.36 percent. Ripple price in India stood at Rs 193.92.
Solana (SOL) Price Today
Solana price stood at $150.21, marking a 24-hour jump of 0.61 percent. SOL price in India stood at Rs 12,791.77.
Top Crypto Gainers Today (May 2)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Immutable (IMX)
Price: $0.674
24-hour gain: 19.41 percent
Sonic (S)
Price: $0.5723
24-hour gain: 14.64 percent
Walrus (WAL)
Price: $0.6284
24-hour gain: 10.07 percent
Quant (QNT)
Price: $83.23
24-hour gain: 9.30 percent
Brett (BRETT)
Price: $0.06668
24-hour gain: 5.66 percent
Top Crypto Losers Today (May 2)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Pudgy Penguins (PENGU)
Price: $0.01071
24-hour loss: 6.76 percent
Artificial Superintelligence Alliance (FET)
Price: $0.7345
24-hour loss: 5.79 percent
Pi (PI)
Price: $0.5994
24-hour loss: 4.83 percent
Bonk (BONK)
Price: $0.00001878
24-hour loss: 4.72 percent
Worldcoin (WLD)
Price: $1.06
24-hour loss: 4.60 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Edul Patel, CEO and co-founder, Mudrex, told ABP Live, “The crypto market is building strong upward momentum, with Bitcoin and major altcoins holding above key resistance levels. Bitcoin has decisively broken past the $96,000 barrier and is now trading above $97,000. Ethereum and Solana are also showing strength, holding above $1,800 and $150, respectively, driven by sustained buying interest. With a contracting economy, the probability of a Fed rate cut at the June FOMC meeting has risen from 57% to 60%, further fueling investor optimism. All eyes are now on the jobs report due today, which could influence short-term market sentiment. Bitcoin’s next resistance lies at $99,300, with support standing at $94,500.”
CoinSwitch Markets Desk noted, “BTC crossed the $97,000 mark for the first time in over 70 days, drawing closer to reclaiming the $100K milestone, fueled by institutional optimism as Wall Street giants Morgan Stanley and Charles Schwab plan to offer crypto trading to their clients. BTC is now trading well above its 50-, 100-, and 200-day moving averages, indicating strong bullish momentum. Several altcoins also rose, with DOGE up 5.1%, ADA gaining 4%, and AVAX rising 4.8%. Meanwhile, OpenAI CEO Sam Altman’s crypto-linked digital identity project, Worldcoin — now rebranded as “World” — is making its U.S. debut.”
Avinash Shekhar, Co-founder & CEO, Pi42, said, “Bitcoin’s recent breakout above $96,000 is not just a price movement—it’s a reflection of resurging market confidence. We’re observing familiar on-chain patterns, especially in short-term holder activity, that historically preceded major rallies. At Pi42, we view this as a strong signal that institutional and retail sentiment is aligning for another potential leg up. While markets never repeat perfectly, they often rhyme—and this could be one of those pivotal moments.”
Shivam Thakral, CEO of BuyUcoin, said, “The consistent accumulation by Bitcoin treasury companies like MicroStrategy and Metaplanet among other institutions is fuelling the current BTC rally. Bitcoin has rallied almost 28% from its bottom in April 2025 and is poised to touch the $100k mark supported by favorable macroeconomic factors. Bitcoin is becoming an essential part of retail and institutional portfolios and we may witness another major rally this year retesting the previous all-time high.”
CoinDCX Research Team noted, “After a bullish close, Bitcoin began the day’s trade above $97,000, flashing massive bullish signals for the crypto. With this, the entire market displays stability as the tokens within the top 10 are trading above the gains. Meanwhile, Immutable (IMX) and Sonic (prev. FTM S) surge with a huge margin of over 16%, followed by Walrus (WAL), Bitcoin SV (BSV), and Quant (QNT). Interestingly, the popular memecoins like Pudgy Penguins (PENGU), Bonk (BONK), OFFICIAL TRUMP (TRUMP), and Fartcoin (FARTCOIN) face some loss. The market cap sticks above $3, hinting towards the growing dominance of the bulls.”
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Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Cryptocurrency is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Cryptocurrency market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.
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