FOMC

SKYAI

Wednesday

Gains

Bitcoin’s weekend sluggishness came to an end on Monday morning with a notable price surge above $80,500 for the first time since late January.
Most altcoins are also in the green today, with ETH going close to $2,400 and XRP reclaiming the $1.40 level. ZEC, UNI, WLFI, and ONDO are the top performers from the larger caps.
<h2 id="btc-jumped-past-80k">BTC Jumped Past $80K</h2>
The previous business week also began with a price surge to $79,500 at the time, but it was quickly stopped, and BTC plunged to under $76,000 by Tuesday. More volatility ensued on Wednesday before and after the third FOMC meeting for the year as BTC jumped to $78,000 ahead of the event and dipped to under $75,000 once it concluded, and it became known that the Fed won’t change the rates.
Bitcoin rebounded in the following few days, especially on Friday, after reports that Iran <a href="https://cryptopotato.com/bitcoin-halted-at-80k-as-us-fed-and-ecb-hold-interest-rates-steady-your-weekly-crypto-recap/" rel="noopener noreferrer nofollow">had sent a new peace proposal</a> to the US. BTC jumped to almost $79,000 before it was stopped after Trump rejected it. During the mostly quiet weekend, bitcoin pumped once again to $79,200 after another proposal was sent, but the <a href="https://cryptopotato.com/bitcoin-swings-after-irans-latest-proposal-to-the-us-whats-next/" rel="noopener noreferrer nofollow">same scenario repeated</a> once Washington said no.
The cryptocurrency went on the run in the early Monday hours, rocketing past $80,000 for the first time since January 31. It <a href="https://cryptopotato.com/bitcoin-price-pushes-above-80000-for-first-time-since-january/" rel="noopener noreferrer nofollow">touched</a> $80,600 on some exchanges before it was stopped and now sits inches below $80,000.
Its market capitalization has climbed to $1.6 trillion, while its dominance over the alts stands tall at 58.5% on CG.
<figure class="wp-caption aligncenter"><a href="https://cryptopotato.com/wp-content/uploads/2026/05/BTCUSD-May-4.png" rel="noopener noreferrer nofollow"><img src="https://cryptopotato.com/wp-content/uploads/2026/05/BTCUSD-May-4.png" alt="BTCUSD May 4. Source: TradingView" width="1835" height="917"></a>
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 BTCUSD May 4. Source: TradingView
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</figure>
<h2 id="alts-with-double-digit-pumps">Alts With Double-Digit Pumps</h2>
Ethereum is up to $2,370 after a 2.6% increase today, XRP is up to $1.41, while BNB has neared $630. Solana has tapped $85, while DOGE is up by 4% to a local low of over $0.11. XMR has reclaimed the $400 resistance after a 4% jump. ZEC is above $410 following a notable 7.3% surge daily.
The top 100 alts have a new rep, SKYAI. The token has skyrocketed by 40% daily to $0.60, making it the best performer. DASH (30%), SIREN (20%), and ONDO (11%) complete the double-digit price gainers club.
The total crypto market cap has added over $50 billion in a day and is up to $2.730 trillion on CG.
<figure class="wp-caption aligncenter"><a href="https://cryptopotato.com/wp-content/uploads/2026/05/Screenshot-2026-05-04-102813.png" rel="noopener noreferrer nofollow"><img src="https://cryptopotato.com/wp-content/uploads/2026/05/Screenshot-2026-05-04-102813.png" alt="Cryptocurrency Market Overview May 5. Source: QuantifyCrypto" width="1879" height="801"></a>
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 Cryptocurrency Market Overview May 5. Source: QuantifyCrypto
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The post <a href="https://cryptopotato.com/altcoins-with-double-digit-gains-as-bitcoin-rocketed-to-3-month-high-market-watch/" rel="noopener noreferrer nofollow">Altcoins With Double-Digit Gains as Bitcoin Rocketed to 3-Month High: Market Watch</a> appeared first on <a href="https://cryptopotato.com/" rel="noopener noreferrer nofollow">CryptoPotato</a>.

Altcoins With Double-Digit Gains as Bitcoin Rocketed to 3-Month High: Market Watch

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