Crypto Price Today (May 7, 2025) Bitcoin Reclaims $97K ETH & XRP Rises while SOL, ADA, DOGE Spike 4%
The cryptocurrency market is again catching up with a decent rally, leading Bitcoin (BTC) to reclaim the $97,000 mark while altcoins like ETH, XRP and SOL seeing notable gains in the past 24 hours.
As investors see likeable growth into various leading crypto assets today, the overall market sentiment is fueled by anticipation around the FOMC meeting, which is to take place later.
The renewed interest in Bitcoin is expected to push it towards a breakout to the $100,000 milestone, which has been manifested by traders since last week. At the time of writing, Bitcoin is trading near $97,048 – up 3.49% in the past 24 hours.
Following the 3% pump in BTC, leading altcoins have also joined the rally, with Ethereum (ETH) posting a solid 4%…