Bitcoin Smashes $97K as IMX Surges 11%—Meanwhile, MOVE Token Crashes 20% in Brutal Reversal

Crypto markets deliver whiplash as Bitcoin notches another record high while altcoins diverge sharply.

BTC bulls charge ahead
—The flagship cryptocurrency clears $97,000 with steady institutional inflows, leaving goldbugs and central bankers grinding their teeth.

IMX rockets on protocol upgrade
—Immutable X spikes 11% as its gaming-focused L2 solution gains traction (and yes, those are actual users—not just speculative degens).

MOVE gets wrecked
—The volatility-linked token plunges 20% in a classic ’buy the rumor, sell the news’ play—because nothing says decentralized finance like leveraged traders getting liquidated en masse.

Meanwhile, Wall Street still can’t decide if crypto is a risk asset or inflation hedge—maybe because their Excel models keep crashing.

Among today’s top gainers, IMX is leading with surging 12% today, which is followed by 8% gains from QNT and EOS. Other gainers include XMR, VIRTUAL, and RAY, all spiking nearly 4% while IP, WAL, and LTC have gained 2% in the past 24 hours.

The PENGU token leads the losing group with an 8% decline, followed by a 7% decrease in FET and ENA.

Trending Crypto Today

• MOVE (Movement)
• BTC (Bitcoin)
• WEMIX (WEMIX)
• TURBO (Turbo)
• IMX (Immutable)

Top Daily Gainers

• IMX (Immutable): +12%
• QNT (Quant): +8%
• EOS (EOS): +8%
• XMR (Monero): +5%
• VIRTUAL (Virtuals Protocol): +4%

Top Daily Losers

• PENGU (Pudgy Penguin): -8%
• FET (Artificial Intelligence Alliance): -7%
• ENA (Ethena): -7%
• TIA (Celestia): -5%
• SUI (Sui): -5%

As per CoinMarketCap data, the global crypto market cap today sits at $3.02 trillion. It has accumulated a 24 hour trading volume of $78.86 billion, which has decreased 6.44% today.

Also read: Dogecoin vs Pi Coin: Which Altcoin Will Breakout in May?