Crypto Prices Jump as Soft US Data Fuels Bullish Sentiment

The cryptocurrency market recorded gains on Thursday, May 1, following softer-than-expected macroeconomic data. Bitcoin (BTC) rose 3.5% over the past 24 hours to above $97,000, while Ethereum (ETH) surged nearly 5.5% to approximately $1,862. XRP edged up 4.2% to $2.25, and Solana (SOL) gained 7.2% to $152. The total cryptocurrency market capitalization increased 1.8% to $3.14 trillion, according to CoinGecko data. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Source: The Defiant