Crypto Price Today (May 6, 2025) ETH Loses $1,800 Range as Bitcoin Dips Below $94K; RAY, VIRTUAL Drop Over 12%
The crypto market experienced a slight pullback today, on May 6, 2025, with the ETH price dropping nearly 2% and losing the $1,800 range as Bitcoin (BTC) dipped into $94K, a key support level. Following these moves from leaders, various altcoins displayed both bullish breakouts and notable losses.
While the weekly opening on Monday brought uncertainty in the market, institutional interest and macroeconomic factors will continue to shape the sentiment as investors await the U.S. Federal Reserve’s upcoming rate decision.
Bitcoin (BTC) is currently trading at $93,869, down 0.17% over the past 24 hours. Despite the dip, Bitcoin’s dominance remains strong at 64.85%, the highest since February 2021, signaling sustained investor…