The crypto market is heating up again as Bitcoin makes a powerful move back to the $96,000 range — a level it hasn’t touched since late February. This bounce signals growing bullish momentum, with many traders now eyeing a potential breakout above $100,000 in the coming days.
Bitcoin Reclaims Key Level
As of writing, Bitcoin (BTC) is trading around $96,241, up 1.32% over the last 24 hours. This range, once a strong support, could now act as a crucial resistance on BTC’s road to six figures.
Ethereum (ETH) is also bouncing back after dipping to $1,741 earlier. It’s now sitting at $1,850, while Solana (SOL) has moved up to $151.8, showing a 2.76% daily gain. Other large-cap cryptos like XRP, BNB, DOGE, and ADA are also recovering and aiming to set new weekly highs.
VIRTUAL Leads the Altcoin Rally
The standout performer today is Virtuals Protocol’s VIRTUAL token, which exploded by 35%. Close behind are Curve DAO (CRV), Sonic (S), and the ever-surprising FARTCOIN, all gaining around 10%.
Other altcoins such as INJ, FET, SEI, HYPE, and WIF are also showing strong momentum, averaging 7% gains on the day.
Top Losers Today
While most of the market is green, a few tokens are lagging. FLOKI dropped 5%, followed by Optimism (OP) down 4%, and Story (IP) sliding 3%. Smaller-cap coins like XDC, LAYER, FLR, IMX, and TON saw mild losses of around 2%.
GORK Takes Meme Coin Spotlight
One of the biggest stories today is the explosive rise of meme coin GORK, which rocketed by over 60,000% in a matter of hours. Built on the Solana network, GORK’s market cap ballooned from just $1.6 million to over $60 million — fueled by viral hype, a massive $135 million trading volume, and its AI-powered character going viral on X (formerly Twitter).
Crypto Market Overview
- Total Market Cap: $3 Trillion (+1.12%)
- 24H Trading Volume: $85.34 Billion
- Bitcoin Dominance: 63.55%
- Ethereum Dominance: 7.4%
Trending Coins Today
- VIRTUAL (Virtuals Protocol)
- WLD (Worldcoin)
- BEAM (Beam)
- ALPHA (Stella)
- FARTCOIN (Fartcoin)
As May kicks off, the crypto market is showing signs of renewed strength, with Bitcoin leading the charge and altcoins not far behind. With buzz building around meme coins and AI-driven tokens, the next few days could bring even more surprises.
