Ethereum
Bitcoin at $61,000, Ethereum Falls as Market Drops
Top crypto prices today recorded a decline as the price of Bitcoin (BTC) fell below the $62,000 mark. Additionally, the price of Ethereum (ETH has struggled to sustain above the $2,900 level. Additionally, other top altcoins, such as Solana (SOL), XRP, Cardano ( ADA) also noted a significant decline.
Top Cryptocurrency Prices Today
1. Bitcoin Price
THE Bitcoin Price fell 0.95%, reaching $61,909.06 at the time of writing on Wednesday, May 15. On the other hand, its trading volume fell by 5.31% to $26.27 billion in the last 24 hours. The crypto market capitalization meanwhile stood at $1.21 trillion.
2. Ethereum Price
THE Ethereum Price fell 1.12% to $2,905.97 at press time with a market valuation of $346.58 billion. While ETH saw its trading volume drop by 1.14%, reaching $12.09 billion.
3. Solana Prize
THE Solana Price has moved away from the $150 level amid today’s declines. Solana price fell by 2.68%, coming in at $143.90. In contrast, SOL saw a 6.75% increase in trading volume to $2.47 billion over the past 24 hours.
4. XRP Price
While the XRP Price got closer to falling below the $0.50 mark. XRP price recorded a decline of 0.89%, reaching $0.502. On the other hand, XRP trading volume increased by 25.49% to $1.06 billion.
5. Cardano Price
Meanwhile, the Cardano crypto price was down 1.81% at $0.4289 today. Meanwhile, ADA recorded a 19.33% drop in its 24-hour trading volume, standing at $290.99 million.
6. Dogecoin and Shiba Inu Price
THE Dogecoin Price plunged 3.04% to $0.1464 while its rival, Shiba Inu Price fell 2.20% and is trading at $0.00002305.
Read also: Render vs. Theta; Which DePIN Altcoin to buy in May
Top Crypto Gainers Today
- Pepe Coin (PEPE): PEPE price rose 7.47% to $0.00001092.
- Arweave (AR): The price of AR increased by 4.01% to $40.93.
- Wormhole (W): Wormhole price increased by 3.22% to $0.354=
- Floki (FLOKI): Floki crypto price jumped 1.22% and is trading at $0.000196.
Top Crypto Losers Today
- Rendered (RNDR): RNDR price lost 8.54% to $10.12.
- Chain link (LINK): Chainlink crypto price fell 4.09% to $12.90.
- Near protocol (NEAR): RUNE price fell 3.97% to $6.99.
- Hedera (HBAR): The HBAR crypto price slipped 3.11% to $0.106.
Monero (XMR), Sui (SUI), Injective (INJ) are also on the list of top losers in crypto today. The crypto market decline could have been triggered by the hot PPI data released on Tuesday, May 14. The latest report highlighted that last month’s US PPI, ie. April jumped 0.5%, which was significantly higher than the market estimated.
Read also: Solana Price Analysis: Flag Pattern Suggests Imminent Rise to $200