Buy Event Ticket Consensus MIami 2026 - 20%

Bitcoin Near $80K as Crypto Market Turns Neutral: Key Updates May 5

24-Hour Crypto Market Update

Crypto Market Today: BILL Gains 40%, TON Jump 28% and RAVE Climbs 26%

Overall Cryptocurrency News, 5 May 2026: The crypto market showed mild growth with rising capitalization and neutral sentiment, while Bitcoin and Ethereum gained modestly amid mixed altcoin performance and notable global developments.

Major Crypto Market Events Today

Major Crypto Market Events Today

Source: Forex Factory

Crypto Market Last 24 Hours Update: Prices, Volume & Trends

The global crypto market today reached a capitalization of $2.73 trillion, with a 0.5% upward trend in the last 24 hours, while total trading volume was recorded at $125 billion. Bitcoin’s (BTC) dominance in the industry remains strong at 58.7%, while Ethereum (ETH) holds 10.4%. The largest gainers in the industry over the past day are Polkadot and the XRP Ledger Ecosystem.

Bitcoin (BTC) and Ethereum (ETH) Price Analysis:

(Note: BTC and ETH are often viewed as less volatile historically, but still risky. The data recorded from CoinMarketCap)

  • Bitcoin (BTC) price today reached $80266.94, climbed 1.84% in the last 24 hours, with a trading volume of $53.75 billion and a market cap of $1.6 trillion.

Bitcoin (BTC) price today

  • Ethereum (ETH) price today is at $2360.85, surged 1.27% in 24 hours with a trading volume of $24.63 billion and a capitalization of $284 billion.

Ethereum (ETH) price today

Top Trending Crypto Coins Price in 24 Hours:

(Trending data is based on a combination of 24-hour price movement, trading volume, and CoinMarketCap.com trending metrics.)

  • Billions Network price (BILL): $0.04024, up 39.79% in the last 24 hours, trading volume (TV): $276.14M.

  • Terra Classic price (LUNC): $0.00009755, up 13.08%, TV: $201.82M.

  • BUILDon price (B): $0.3831, down 15%, TV: $134.38M.

  • Bitcoin price (BTC): $80,249.27, up 1.85%, TV: $53.75B. 

  • RaveDAO price (RAVE): $0.7742, up 25.98%, TV: $134.68M.

  • Toncoin price (TON): $1.74, up 28.2%, TV: $485.19M.

Top 3 Crypto Gainers in 24 hours (Ranked by 24-hour percentage gain):

  • Toncoin price today (TON): $1.75, jumps 28.69%, trading activity $482.55M.

  • Dash price today (DASH): $46.94, climbs 14.50%, trading activity $436.77M.

  • Terra Classic price today (LUNC): $0.00009798, rises 14.06%, trading activity $201.67M.

Top 3 Crypto Losers in 24 hours (Ranked by 24-hour percentage loss):

  • BUILDon price (B): $0.3751, down 17.14%, trading activity around $134.30M.

  • MemeCore price (M): $2.69, lower by 9.84%, with trading volume near $58.66M.

  • Venice Token price (VVV): $9.15, slipped 4.53%, trading activity close to $11.03M.

Stablecoins and Defi Update:

  • Stablecoins reflects 0.2% positive change over the past 24 hours, with a market capitalization of $317.2 billion and trading volume of $107 billion.

  • The Overall (Defi) Decentralized Finance market increased 1.6% over the last 24 hours, recording a market cap of $55.5 billion and trading volume (TV) at $5 billion. Defi dominance globally marked 2.0%.

Crypto Fear and Greed Index Today

Crypto Fear and Greed Index Today

Source: Alternative Me

After a long gap, the crypto Fear & Greed Index today stands at 50 (Neutral), rising from 40 yesterday and 33 last week, signaling stabilizing sentiment. A month ago, at 12 (Extreme Fear), markets were risk-averse. The current balance reflects reduced panic and more cautious participation amid improving price action.

Latest Crypto Market News Today, May 5

(Note: All of these updates affect traders, as they impact liquidity, sentiment, and potential returns, and thus must be monitored closely.)

1. Green Hydrogen Mining: Mining firms are exploring green hydrogen energy to reduce carbon emissions. However, high costs, storage challenges, infrastructure gaps, and limited policy support keep large-scale adoption uncertain.

2. Crypto Stocks Rally:  Stocks surged after progress in the CLARITY Act. Circle jumped 19%, BitGo rose 10%, Coinbase gained 6%, and Robinhood climbed, reflecting optimism around stablecoin yield rewards.

3. Korea Holdings Drop: South Korea’s crypto holdings fell to 606 trillion KRW from 1,218 trillion. Trading volume and deposits declined, while stablecoin holdings increased significantly, showing shifting investor preferences.

4. Moscow Exchange Indices: Moscow Exchange will launch indices for SOL, XRP, TRX, and BNB on May 13, while upgrading BTC and ETH indices to near real-time updates.

5. Canada ATM Growth: Canada’s crypto ATMs reached 3,904 units, growing nearly 5% in 2026. Despite expansion, regulators remain concerned about fraud and potential misuse in illegal financial activities.

6. Fake USDPT Tokens: Over 24 fake tokens mimicking Western Union’s USDPT emerged on Solana. Some saw sharp gains, but experts warn of rug pull risks and investor losses.

7. Argentina Trust Crisis: Argentina’s citizens still hold $170 billion outside banks despite new policies. Low trust, rooted in the 2001 crisis, continues to limit deposit inflows.

8. Tydro Trading Halt: Tydro protocol suspended trading after oracle issues. The team confirmed user funds are safe and investigations are ongoing to address risks and restore operations.

9. Bitcoin Scholarship Launch: Scotland’s Lomond School introduced a Bitcoin-funded scholarship covering tuition and boarding. It also plans a Bitcoin reserve, strengthening adoption in education.

10. Base Adds ZK Tech: Coinbase-backed Base network integrated zk technology to improve security and reduce finality time to one day, without fully transitioning to a ZK rollup model.

Comparative Insight

The May 5 update shows improving sentiment with the Fear & Greed Index rising to 50 (Neutral) from May 4 crypto update 40 (Fear), alongside a higher market cap ($2.73T vs $2.69T) and stronger trading volume. While May 4 reflected caution and weaker DeFi activity, May 5 indicates stabilizing confidence, increased participation, and broader altcoin momentum, suggesting a short-term shift toward balanced conditions.

What This Means for Cryptocurrency Users

The users are witnessing a more balanced market with reduced volatility and improving sentiment. However, mixed altcoin performance and emerging risks like fake tokens and protocol issues highlight the need for careful asset selection, risk management, and awareness of ongoing developments.

Risk Context: This commentary is not about long-term conditions and is for informational purposes only. It does not point to the price or indicate an action to take on the investment.

CoinGabbar’s Opinion

The current crypto market presents moderate risk with limited short-term upside potential. While stability and gradual growth may benefit disciplined investors, uncertainty remains due to macro trends and sector-specific risks, making cautious and well-informed participation more appropriate than aggressive investment strategies.

Disclaimer: The information should not be taken as financial or investment advice. Cryptocurrencies are very unstable and dangerous. You should never make an investment decision without doing your research (DYOR) and using a qualified financial advisor. All regions are not able to provide all the services or assets in question.

Sakshi Jain

About the Author Sakshi Jain

Expertise coingabbar.com

Sakshi Jain is a crypto journalist with over 3 years of experience in industry research, financial analysis, and content creation. She specializes in producing insightful blogs, in-depth news coverage, and SEO-optimized content. Passionate about bringing clarity and engagement to the fast-changing world of cryptocurrencies, Sakshi focuses on delivering accurate and timely insights. As a crypto journalist at Coin Gabbar, she researches and analyzes market trends, reports on the latest crypto developments and regulations, and crafts high-quality content on emerging blockchain technologies.

Sakshi Jain
Sakshi Jain

Expertise

About Author

Sakshi Jain is a crypto journalist with over 3 years of experience in industry research, financial analysis, and content creation. She specializes in producing insightful blogs, in-depth news coverage, and SEO-optimized content. Passionate about bringing clarity and engagement to the fast-changing world of cryptocurrencies, Sakshi focuses on delivering accurate and timely insights. As a crypto journalist at Coin Gabbar, she researches and analyzes market trends, reports on the latest crypto developments and regulations, and crafts high-quality content on emerging blockchain technologies.

Leave a comment
bottom-right
top
Crypto Press Release

Frequently Asked Questions

Faq Got any doubts? Get In Touch With Us
Scroll to Top