The high crypto costs in the present day registered a decline because the Bitcoin (BTC) worth prolonged decrease than the $62,000 mark. Moreover, the Ethereum (ETH worth struggled to maintain above the $2,900 degree. In addition, different high altcoins, akin to Solana (SOL), XRP, Cardano (ADA) additionally famous a big drop.
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 degree amid the declines in the present day. The Solana worth 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 under the $0.50 mark once more. The XRP worth 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 in the present day. Whilst, ADA recorded a stoop 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 worth soared 7.47% to $0.00001092.
- Arweave (AR): The AR worth rallied 4.01% to $40.93.
- Wormhole (W): The Wormhole worth rose 3.22% to $0.354=
- Floki (FLOKI): The Floki crypto worth surged 1.22% and traded at $0.000196.
Top Crypto Losers Today
- Render (RNDR): The RNDR worth misplaced 8.54% to $10.12.
- Chainlink (LINK): The Chainlink crypto worth slumped 4.09% to $12.90.
- Near Protocol (NEAR): The RUNE worth dipped 3.97% to $6.99.
- Hedera (HBAR): The HBAR crypto worth slipped 3.11% to $0.106.
Monero (XMR), Sui (SUI), Injective (INJ) additionally made it to the highest crypto losers listing in the present day. The decline within the crypto market may have been triggered by the new 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 larger than what the market estimated.
Also Read: Solana Price Analysis: Flag Pattern Suggests Imminent Breakout Rally to $200
The introduced content material might embody the non-public opinion of the creator and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The creator or the publication doesn’t maintain any accountability on your private monetary loss.
