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Business Upturn
02-05-2025
- Business
- Business Upturn
Crypto Update: Bitcoin inches close to $97k; AIXBT, TURBO lead altcoin gains while WING, ALPACA tumble
By Arunika Jain Published on May 2, 2025, 07:09 IST Bitcoin continued its upward momentum, rising 2.43% over the past 24 hours to trade at $96,979.50, inching closer to the $97,000 mark. The world's largest cryptocurrency is showing signs of sustained bullish sentiment, with other major coins also participating in the rally. Ethereum followed with a 2.20% gain to trade at $1,844.90, while Litecoin (LTC) emerged as the top-performing major coin with a 5.59% surge to $89.54. Dogecoin (DOGE) also advanced by 4.23%, and Solana (SOL) gained 1.08%. Among top altcoin movers: AIXBT led the gainers' chart, soaring 26.73% TURBO rose 17.53% IMX, ALPHA, and PIVX also posted strong double-digit gains However, the market wasn't without its losers: WING plunged 52.40%, making it the biggest loser of the day VIB and ALPACA fell by 46.33% and 44.23% respectively MOVE, PUNDIX, and FLM also saw sharp declines Despite some high-volatility declines among smaller-cap tokens, the overall market tone remains positive, led by Bitcoin's march toward new highs. Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrencies are highly volatile and readers are advised to do their own research or consult a financial advisor before investing. Arunika Jain, a graduate in Mass Communication, brings a fresh perspective to the world of journalism. Arunika has a passion for writing finance and corporate news at You can write to her at [email protected]


Business Upturn
22-04-2025
- Business
- Business Upturn
Crypto Update: Bitcoin hits $89,000, surge 2.32% amid broad crypto rally; HYPER, FIS, and PEPE among top gainers
Bitcoin (BTC) surged past the $89,000 mark on Tuesday, climbing 2.32% in the last 24 hours to reach $89,040.01, as per latest market data. The rally in the world's largest cryptocurrency comes amid a broader bullish trend across major altcoins and growing investor confidence. Ethereum (ETH) also edged up 0.75% to $1,635.71, while Solana (SOL) added 2.24% to trade at $141.26. Meme coin PEPE posted a strong gain of 4.71%, extending its recent upside momentum. Among altcoins, HYPER led the top gainers list with a staggering 186.89% surge, followed by FIS (+55.78%) and PIXEL (+20.51%). AUDIO and TURBO rounded out the top five with gains of 17.79% and 15.20%, respectively. Meanwhile, some tokens faced sharp corrections. ENJ was the biggest loser, down 20.65%, followed by XAI (-16.15%) and ALPACA (-15.09%). Other notable decliners included MAGIC (-14.42%) and BSW (-13.49%). The strong uptick in BTC and select altcoins is being attributed to rising institutional interest, sustained ETF inflows, and optimism ahead of upcoming macroeconomic cues. However, volatility remains high in the crypto market, with certain sectors still facing sharp profit-taking. The crypto market's overall capitalization continues to climb, driven by investor risk appetite and renewed traction in AI-linked tokens and blockchain infrastructure projects. News desk at