Bitcoin price today May 7: Slight adjustment trading around 63,608 USD

According to Coindesk data, updated as of 1:40 p.m. on May 7, Bitcoin price traded at 63,608.65 USD/BTC, down 1.12% in the past 24 hours. The liquidity of the cryptocurrency with the largest market capitalization is at 67.87 billion USD, an increase of 61.89% compared to May 6. Bitcoin's market capitalization reached 1,250 billion USD, accounting for 52.48% of the total capitalization of the cryptocurrency market.

Bitcoin price today May 7: Slight adjustment trading around 63,608 USD Picture 1

Photo: Coin Desk

The total market capitalization recorded at 13:50 was 2,387.89 billion USD, down 1.63% compared to 24 hours ago.

It is known that ETH is trending down 3.48%, trading at 3,066.11 USD/ETH. Accordingly, a series of other cryptocurrencies also tended to adjust in the past 24 hours. BNB and DOGE - other popular cryptocurrencies - are trending down.

At 1:35 p.m., among the 10 cryptocurrencies with the largest market capitalization, 7 were on a downward trend compared to the previous 24 hours. Accordingly, DOGE is the coin with the largest decreasing trend at 5.01%.

Jessica Tanner

Update 07 May 2024