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20 May 2024
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Crypto Prices Today May 16: Bitcoin At $61K, Ethereum Dips As Market Declines



The top crypto prices today registered a decline as the Bitcoin (BTC) price extended lower than the $62,000 mark. Moreover, the Ethereum (ETH price struggled to sustain above the $2,900 level. In addition, other top altcoins, such as Solana (SOL), XRP, Cardano (ADA) also noted a significant drop.

Major Crypto Prices Today

1. Bitcoin Price

The Bitcoin price dropped 0.95%, reaching $61,909.06 at the time of writing on Wednesday, May 15. On the other hand, it’s trading volume slumped 5.31% to $26.27 billion in the last 24 hours. Whilst, the crypto’s market capitalization stood at $1.21 trillion.

2. Ethereum Price

The Ethereum price dipped 1.88% to $2,941.82 at press time with a market valuation of $353.40 billion. Whilst, ETH saw its trading volume jumped 53.71%, reaching $12.23 billion.

3. Solana Price

The Solana price approached the $150 level amid the rebound frenzy today. The Solana price rallied 6.39%, settling at $148.59. In contrast, SOL witnessed a 69.38% hike in trade volume to $2.23 billion in the last 24 hours.

4. XRP Price

Whilst, the XRP price managed to attain the $0.50 mark again. The XRP price recorded a gain of 2.99%, reaching $0.5069. On the other hand, XRP’s trading volume shot up by 39.31% to $849.93 million.

5. Cardano Price

Meanwhile, the Cardano crypto price was up 2.42% to $0.4372 today. Whilst, ADA recorded a massive surge of 78.38% in its 24-hour trading volume, settling at $360.23 million.

6. Dogecoin & Shiba Inu Price

The Dogecoin price rallied 9.83% to $0.1508 while its rival, Shiba Inu price soared 8.31% and traded at $0.0000236.

Also Read: Toncoin Price Prediction: TON Poised to Break Past All-Time High Amid TVL Growth

Top Crypto Gainers Today

  • BounceBit (BB): The BounceBit price rallied 27.8% to $0.4205.
  • Pepe Coin (PEPE): The PEPE price soared 21.5% to $0.00001018.
  • Floki (FLOKI): The Floki crypto price surged 20.8% and traded at $0.0001939.
  • Grok (GROK): The Grok price rose 12.7% to $0.01201.

Top Crypto Losers Today

  • Omni Network (OMNI): The OMNI price lost 8.82% to $14.89.
  • Lido DAO (LDO): The Lido DAO crypto price slumped 5.47% to $1.64.
  • THORChain (RUNE): The RUNE price dipped 3.70% to $5.66.
  • Worldcoin (WLD): The WLD crypto price slipped 1.48% to $5.29.

Celestia (TIA), Bitget Token (BGB), Core (CORE) also made it to the top crypto losers list today.

Also Read: Bitcoin Price Forecast: Will It Be $70,000 Or $56,000 This Week?

The post Crypto Prices Today May 16: Bitcoin At $61K, Ethereum Dips As Market Declines appeared first on CoinGape.

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