Cryptocurrency Price Today (May 9): Bitcoin Gains Much-Needed Momentum, Climbs Above $102k
Bitcoin (BTC), the world’s oldest and most valued crypto, managed to rise above the $102,000 mark early Friday. Other popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — landed in the green across the board as the overall Market Fear & Greed Index stood at 70 (Greed) out of 100, as per CoinMarketCap data. Virtuals Protocol (VIRTUAL) became the biggest gainer, with a 24-hour jump of nearly 36 percent. Four (FORM) turned out to be the biggest loser today, with a 24-hour dip of nearly 8 percent.
The global crypto market cap stood at $3.22 trillion at the time of writing, registering a 24-hour jump of 5.01 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $102.761.77, registering a 24-hour jump of 3.79 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 79.69 lakh.
Ethereum (ETH) Price Today
ETH price stood at $2,213.62, marking a 24-hour gain of 16.52 percent at the time of writing. Ethereum price in India stood at Rs 1.52 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour jump of 7.85 percent, as per CoinMarketCap data, currently priced at $0.1939. Dogecoin price in India stood at Rs 14.54.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour gain of 3.22 percent. At the time of writing, it was trading at $94.85. LTC price in India stood at Rs 7,401.74.
Ripple (XRP) Price Today
XRP price stood at $2.29, seeing a 24-hour jump of 4.82 percent. Ripple price in India stood at Rs 182.86.
Solana (SOL) Price Today
Solana price stood at $162.16, marking a 24-hour gain of 7.50 percent. SOL price in India stood at Rs 12,333.74.
Top Crypto Gainers Today (May 9)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Virtuals Protocol (VIRTUAL)
Price: $2.02
24-hour gain: 35.56 percent
Pepe (PEPE)
Price: $0.00001088
24-hour gain: 25 percent
Brett (Based) (BRETT)
Price: $0.07506
24-hour gain: 23.28 percent
Uniswap (UNI)
Price: $6.18
24-hour gain: 19.72 percent
Story (IP)
Price: $4.68
24-hour gain: 16.48 percent
Top Crypto Losers Today (May 9)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Four (FORM)
Price: $2.38
24-hour loss: 7.65 percent
Tether Gold (XAUt)
Price: $3,325.70
24-hour loss: 1.70 percent
PAX Gold (PAXG)
Price: $3,329.34
24-hour loss: 1.55 percent
Nexo (NEXO)
Price: $1.27
24-hour loss: 0.69 percent
Flare (FLR)
Price: $0.01963
24-hour loss: 0.58 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Edul Patel, CEO and co-founder, Mudrex, told ABP Live, “The crypto market saw a sharp rally, adding over $240 billion in a day, with Bitcoin reclaiming the $100K mark and becoming the fifth-largest asset by market cap. Major altcoins such as Ethereum, Solana, XRP and Doge are also on a bullish momentum, gaining up to 20% in 24 hours. The rally followed Trump’s announcement of a US-UK trade deal and optimism around a potential US-China agreement, lifting investor confidence. With this, investors expect strong economic activity, making assets like Bitcoin more attractive. Currently trading at $102,700, BTC faces the next resistance at $106,600 while the support stands at $98,600.”
Himanshu Maradiya, Founder and Chairman, CIFDAQ, noted, “Bitcoin has surged past the $100,000 milestone, signalling robust bullish momentum. Ethereum also exhibits strength, trading above $2,000, with increased whale activity and a resurgence in DeFi activity contributing to its upward trajectory. Altcoins like GALA, OP and ENJ have outperformed, others. The current surge marks the second leg of the broader bullish rally, and the opportunity to buy Bitcoin below the $100,000 mark may now be behind us. With institutional interest accelerating across the board, this rally underscores the rapid maturation of the crypto market and its growing acceptance as a mainstream asset class.”
Avinash Shekhar, Co-founder & CEO, Pi42, said, “Bitcoin’s rally toward the $100,000 mark underscores growing investor confidence amid easing geopolitical tensions and strong institutional interest. Altcoins like PEPE and BCH leading the daily charts signal a renewed appetite for risk, while Ethereum’s break above $1,900 could mark the beginning of a broader altseason. The crypto market’s $3.2 trillion valuation reflects a maturing landscape that is increasingly resilient to macroeconomic headwinds.”
Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “Bitcoin surged past $102,000 today, reigniting bullish momentum as institutional inflows and macro optimism lifted market sentiment. The breakout above $100K follows BlackRock’s recent $4.4B BTC purchase and strong ETF activity, signaling deep-pocketed confidence. Technically, BTC trades well above its 50- and 200-day moving averages, with resistance near $107K and support around $97.7K. RSI nearing overbought suggests possible short-term cooling, but long-term structure remains intact. Regulatory signals from U.S. states embracing crypto reserves and global trade stability are reinforcing Bitcoin’s appeal as a hedge. With greed driving sentiment, BTC may soon challenge its all-time high if momentum sustains.”
Shivam Thakral, CEO of BuyUcoin, said, “Overall market sentiment appears to be bullish, with most top cryptocurrencies experiencing gains including Ethereum. Bitcoin's break above $100,000 for the first time since January 2025 has fueled positive momentum. The announcement of a trade agreement between the United States and the United Kingdom has boosted digital assets, including cryptocurrencies. Bitcoin reclaiming psychological milestone of $100k will create a wave of positive sentiment in the market coupled with strong institutional inflows. We can expect further gains in the short term, if this momentum continues.”
CoinDCX Research Team noted, “The Bitcoin price smashes above the psychological barrier at $100K and marks the local highs at $104,175. After reclaiming a $2 trillion market cap, Bitcoin becomes the world’s fifth-largest asset, surpassing Amazon. Besides, the altcoins have also gained huge momentum as Ethereum rises above the pivotal resistance at $2,200 with over a 20% jump and Solana above $160. The other tokens within the top 10 have also surged, while Vittuals Protocol leads the top gainers with over a 40% jump, followed by Brett with 37%, Pepe with 30%, Story with 27.5% and Uniswap, OFFICIAL TRUMP & Ethena surge by over 25%.”
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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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