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Bitcoin and Ethereum suffer from market decline while Pepe coin shines
Top cryptocurrency prices saw a decline today as the price of Bitcoin (BTC) fell below the $62,000 mark. Furthermore, Ethereum (ETH) price struggled to stay above the $2,900 level. Furthermore, other major altcoins, such as Solana (SOL), XRP, Cardano (ADA) have also noticed a significant decline.
Top cryptocurrency prices today
1. Bitcoin Price
THE Bitcoin price fell 0.95% to $61,909.06 at the time of writing, Wednesday, May 15. On the other hand, the trading volume plummeted by 5.31% to $26.27 billion in the last 24 hours. The cryptocurrency’s market capitalization amounted to $1.21 trillion.
2. Price of Ethereum
THE Ethereum price at the time of this writing it fell 1.12% to $2,905.97, with a market valuation of $346.58 billion. While ETH saw its trading volume drop by 1.14% to $12.09 billion.
3. Solana Price
THE Solana price has moved away from the $150 level amid today’s declines. Solana price fell by 2.68%, settling at $143.90. In contrast, SOL witnessed a 6.75% increase in trading volume to $2.47 billion in the last 24 hours.
4. XRP Price
While the XRP Price it came close to falling below the $0.50 mark again. XRP price fell by 0.89% to $0.502. On the other hand, XRP trading volume increased by 25.49% to $1.06 billion.
5. Cardano Price
Meanwhile, the Cardano cryptocurrency price today it fell 1.81% to $0.4289. In contrast, ADA saw a 19.33% drop in 24-hour trading volume to $290.99 million.
6. Dogecoin and Shiba Inu price
THE Dogecoin price fell 3.04% to $0.1464 while its rival, Shiba Inu Price it fell 2.20% and traded at $0.00002305.
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Top cryptocurrency gains today
- Pepe Coin (PEPE): PEPE price rose 7.47% to $0.00001092.
- Wave texture (AR): AR price rose 4.01% to $40.93.
- Wormholes (W): Wormhole price increased by 3.22% to $0.354=
- Floki (FLOKI): The price of Floki cryptocurrency increased by 1.22% and traded at $0.000196.
Top cryptocurrency losers today
- Rendering (RNDR): RNDR price lost 8.54% to $10.12.
- Shirt (LINK): The price of the Chainlink cryptocurrency fell 4.09% to $12.90.
- Near Protocol (NEAR): RUNE price fell 3.97% to $6.99.
- Ivy (HBAR): The price of HBAR cryptocurrency fell by 3.11% to $0.106.
Monero (XMR), Sui (SUI), Injective (INJ) also entered the list of top cryptocurrency losers today. The cryptocurrency market decline may have been triggered by PPI data released on Tuesday, May 14. The latest report highlighted that the US PPI for last month, e.g. April increased by 0.5%, substantially higher than what the market estimated.
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