Bitcoin Price Returns to $63,000

On the night of May 4, Bitcoin’s price rebounded to $63,000 after a correction to $57,000. Ethereum rose to $3,100, and other top-10 digital assets by market capitalization also moved into the “green zone.”

The total cryptocurrency market capitalization stands at $2.45 trillion, with Bitcoin’s dominance index at 54.8%.

Experts see a chance for cryptocurrency growth to resume following the price drop but caution that investing in cryptocurrencies carries high risks.