Bitcoin is up 1.92% in 24 hours at $77,122, while analysts flagged $74,700–$75,000 as the critical downside level.
Dogecoin and Hyperliquid led gains among major tokens, rising 2.84% and 2.20%, respectively.
DeFi markets faced severe stress with over $606 million in losses in under three weeks, including $246 million in bad debt on Aave.
Crypto prices today show resilience despite a turbulent global backdrop. All top coins are trading in the green zone as Bitcoin price holds firm above $77,000. Hyperliquid and Dogecoin have surged over 2% in the last 24 hours. The global market cap is up 1.46% at $2.57 trillion at press time.
The broader market mood is cautiously optimistic as US-Iran peace talks look like a distant dream and oil prices soar past $110 a barrel. At the same time, the upcoming Fed meeting minutes, CPI data, and push for the Crypto Market Structure Bill are giving investors hope.
Here is the latest crypto news and price movements, based on CoinMarketCap data.
Bitcoin price is up nearly 2% in the last 24 hours at $77,122.70. The coin has over $29.5 billion in trading volume with a market cap of $1.54 trillion.
Piyush Walke, Derivatives Research Analyst, Delta Exchange, noted, “Bitcoin is hovering near $76,500 after being rejected from the $79,000-$80,000 resistance zone. This pullback has softened short-term momentum, but the broader trend remains intact. The $74,700-$75,000 support area is crucial; losing it could open the door to $73,800-$73,300. For bulls to regain control, price needs to push back above $78,800-$79,500.”
Here is how the world’s top coins performed over the last 24 hours.
| Name | Price | 24h % | Market Cap | Volume (24h) |
|---|---|---|---|---|
| Bitcoin | $77,122.70 | 1.92% | $1,544,226,650,331 | $29,579,018,597 |
| Ethereum | $2,283.53 | 1.68% | $275,594,008,011 | $11,402,825,968 |
| Tether | $0.9996 | 0.02% | $189,517,565,032 | $111,440,833,560 |
| XRP | $1.37 | 0.84% | $84,985,888,888 | $1,714,561,065 |
| BNB | $618.11 | 0.32% | $83,313,764,558 | $1,267,895,980 |
| USDC | $0.9999 | 0.01% | $77,177,140,132 | $58,432,713,778 |
| Solana | $83.94 | 1.49% | $48,361,221,075 | $3,267,149,370 |
| TRON | $0.3258 | 0.52% | $30,888,244,874 | $706,817,737 |
| Dogecoin | $0.1088 | 2.84% | $16,773,278,093 | $2,211,530,810 |
| Hyperliquid | $40.37 | 2.20% | $10,292,175,629 | $213,827,662 |
Top Gainers: Dogecoin, Hyperliquid, Bitcoin, Ethereum, Solana
Also Read: Is Dogecoin Quietly Undervalued or is Leverage Pointing to Trouble Ahead?
Here are the top headlines impacting crypto prices today.
The ongoing US-Iran conflict is one of the biggest macro factors shaping crypto prices today. Brent crude is now trading around $111-$117 per barrel, while WTI crude is above $108. High oil prices push up inflation fears, which historically drive some investors toward Bitcoin as a hedge. The Strait of Hormuz remains blocked by Iran, keeping energy markets on edge.
The Trump administration declared on May 1 that hostilities with Iran have ‘terminated’ for the 60-day War Powers Act deadline. This avoids an immediate congressional confrontation. Iran's President, on the other hand, called the US naval blockade an ‘extension of military operations.’ Political uncertainty around US foreign policy tends to increase market volatility. This typically pushes investors toward Bitcoin and other crypto assets.
The Federal Reserve's meeting minutes are due on May 21, with US non-farm payroll data coming on May 8 and CPI on May 12. The nomination of Kevin Warsh as Fed Chair also heads to a Senate vote on May 11.
A dovish Fed or lower-than-expected inflation data could boost crypto prices by easing pressure on rate-sensitive assets. Warsh's views on monetary policy will be closely watched by crypto traders.
The US Senate Banking Committee is pushing for a mid-May hearing on a crypto market structure bill. Key sticking points include stablecoin yields, ethics clauses tied to Trump's crypto interests, and concerns around illegal finance. A positive outcome could bring regulatory clarity that boosts confidence in the broader crypto market. Meanwhile, delays or a stalled vote could create short-term uncertainty.
The CME is set to launch AVAX and Sui futures contracts on May 4, and will begin 24/7 trading for crypto futures and options from May 29. Institutional access to more crypto derivatives typically signals growing mainstream adoption. It is a bullish signal for crypto prices overall.
Noting the crypto market developments, WazirX Market’s Desk commented, “MARA Holdings announced plans to acquire Long Ridge Energy as part of a $1.5 billion deal, signaling a push into AI-focused data center infrastructure and expanding beyond traditional crypto mining. Meanwhile, Polymarket has partnered with Chainalysis to introduce stronger monitoring and compliance tools, bringing more institutional-level oversight to crypto-based prediction markets.”
XRP price is up 0.84% at $1.37. However, the XRP spot ETF saw an outflow of $5.83 million on April 30, entirely from the Bitwise XRP ETF. Total net assets in the XRP ETF still stand at $1.04 billion. While the outflow is worth watching, cumulative net inflows of $1.29 billion show the longer-term interest in XRP remains intact.
DeFi suffered over $606 million in losses in under three weeks, its worst month ever. Around 95% of losses came from exploits at Drift (via social engineering) and Kelp DAO (a bridge exploit). Aave was hit with an estimated $246 million in bad debt, and total value locked fell by over $13 billion in two days. This is a major negative signal for DeFi-linked tokens.
Asian equity markets edged higher on May 1, with the Nikkei up 0.7% and Australia's ASX 200 up 1%. S&P 500 closed at a record 7,209.01, its best month in over five years, and Dow jumped 1.6%. Strong corporate earnings from Alphabet and Caterpillar helped. When traditional equity markets rally, risk appetite tends to rise, supporting crypto prices as well.
Also Read: Best Exchange Tokens for Potential Growth in 2026: Top 10
Crypto prices today face a May packed with market-moving events like Fed data, regulatory votes, and oil-driven inflation pressure. Bitcoin's hold above $76,000 is a positive sign.
WazirX Market’s Desk explained, “Bitcoin is trading around $76,600, signaling a mild bullish trend as moving averages indicate buying strength, while neutral oscillators suggest steady momentum and stable market conditions.” If inflation cools and the crypto bill advances, a broader rally is possible. DeFi risks and geopolitical tension remain the key concerns to watch.
1. When will the Fed meeting minutes be released?
The Federal Reserve meeting minutes are scheduled to be released on May 21. These minutes give detailed insights into what the Fed discussed during its last policy meeting. Investors watch them closely because they reveal the central bank’s thinking on inflation, interest rates, and economic growth. Any hint of a softer or dovish stance could support crypto prices, while a stricter tone may create pressure.
2. What is the latest crypto news today?
Crypto markets are trading in the green, with Bitcoin above $77,000 and major coins like Ethereum, Solana, and XRP also posting gains. Dogecoin and Hyperliquid are leading with over 2% gains. Key news includes rising oil prices above $110, upcoming Fed data, and progress on a US crypto market structure bill. At the same time, DeFi losses of $606 million and a recent Ethereum wallet attack highlight ongoing risks.
3. Why is Bitcoin up today?
Bitcoin is rising mainly due to a mix of macro and market factors. Oil prices above $110 per barrel are increasing inflation concerns, which often push investors toward Bitcoin as a hedge. Strong global stock markets and expectations of softer Fed policy are also helping. Even after facing resistance near $79,000-$80,000, Bitcoin has managed to hold above $77,000, showing steady buying interest.
4. What are the biggest events crypto investors should watch this month?
May is packed with important events for crypto investors. Key dates include non-farm payroll data on May 8, CPI inflation data on May 12, and Fed meeting minutes on May 21. There is also a Senate hearing on a crypto market structure bill expected in mid-May. In addition, the CME will launch new crypto futures on May 4 and begin 24/7 trading on May 29, which could boost institutional activity.
5. Should I invest in Hyperliquid?
Hyperliquid has gained over 2% in the last 24 hours, showing short-term momentum along with the broader market rally. However, like most altcoins, it is more volatile than Bitcoin or Ethereum. Its performance often depends on overall market sentiment rather than strong fundamentals alone. If you are considering investing, it is important to assess your risk level, do proper research, and avoid making decisions based only on short-term price moves.
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