The prime crypto costs as we speak rallied after the cooking U.S. CPI information was launched on Wednesday, May 15. The Bitcoin (BTC) value surged previous the $65,000 mark. Moreover, the Ethereum (ETH value regained the $3,000 stage. In addition, different prime altcoins, equivalent to Solana (SOL), XRP, Cardano (ADA) additionally recorded important positive factors.
Major Crypto Prices Today
1. Bitcoin Price
The Bitcoin price dropped 0.95%, reaching $61,909.06 on the time of writing on Wednesday, May 15. On the opposite hand, it’s buying and selling quantity slumped 5.31% to $26.27 billion within the final 24 hours. Whilst, the crypto’s market capitalization stood at $1.21 trillion.
2. Ethereum Price
The Ethereum price dipped 1.12% to $2,905.97 at press time with a market valuation of $346.58 billion. Whilst, ETH noticed its buying and selling quantity fell 1.14%, reaching $12.09 billion.
3. Solana Price
The Solana price distanced from the $150 stage amid the declines as we speak. The Solana value slumped 2.68%, settling at $143.90. In distinction, SOL witnessed a 6.75% hike in commerce quantity to $2.47 billion within the final 24 hours.
4. XRP Price
Whilst, the XRP price inched nearer to drop beneath the $0.50 mark once more. The XRP value recorded a drop of 0.89%, reaching $0.502. On the opposite hand, XRP’s buying and selling quantity shot up by 25.49% to $1.06 billion.
5. Cardano Price
Meanwhile, the Cardano crypto price was down 1.81% to $0.4289 as we speak. Whilst, ADA recorded a hunch of 19.33% in its 24-hour buying and selling quantity, settling at $290.99 million.
6. Dogecoin & Shiba Inu Price
The Dogecoin price plunged 3.04% to $0.1464 whereas its rival, Shiba Inu price tumbled 2.20% and traded at $0.00002305.
Also Read: Render vs Theta; Which DePIN Altcoin to Buy In May
Top Crypto Gainers Today
- Pepe Coin (PEPE): The PEPE value soared 7.47% to $0.00001092.
- Arweave (AR): The AR value rallied 4.01% to $40.93.
- Wormhole (W): The Wormhole value rose 3.22% to $0.354=
- Floki (FLOKI): The Floki crypto value surged 1.22% and traded at $0.000196.
Top Crypto Losers Today
- Render (RNDR): The RNDR value misplaced 8.54% to $10.12.
- Chainlink (LINK): The Chainlink crypto value slumped 4.09% to $12.90.
- Near Protocol (NEAR): The RUNE value dipped 3.97% to $6.99.
- Hedera (HBAR): The HBAR crypto value slipped 3.11% to $0.106.
Monero (XMR), Sui (SUI), Injective (INJ) additionally made it to the highest crypto losers record as we speak. The decline within the crypto market might have been triggered by the recent PPI information launched on Tuesday, May 14. The newest report highlighted that the U.S. PPI for final month, i e. April, surged by 0.5%, which is considerably increased than what the market estimated.
Also Read: Solana Price Analysis: Flag Pattern Suggests Imminent Breakout Rally to $200
The offered content material could embody the private opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn’t maintain any accountability on your private monetary loss.
