Bitcoin, Ether Spike With Minor Profits as Cardano, Cosmos Among Other Altcoins Drop

The overall crypto market grew up by 1.35 percent on Wednesday, May 3. Bitcoin and Ether, along with Solana, Polkadot, and Litecoin recorded small gains. Whereas, other altcoins like Cardano and Cosmos settled in losses. The crypto market is awaiting Fed Chair Jerome Powell's press conference for clues on future moves that is slated for later in the day.

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