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29 May 2024
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Crypto Prices Today May 16: Bitcoin Surpasses $65K, Ethereum Gains, Floki Grabs Spotlight

The top crypto prices today rallied after the cooking U.S. CPI data was released on Wednesday, May 15. The Bitcoin (BTC) price surged past the $65,000 mark. Moreover, the Ethereum (ETH price regained the $3,000 level. In addition, other top altcoins, such as Solana (SOL), XRP, Cardano (ADA) also recorded significant gains.

Major Crypto Prices Today

1. Bitcoin Price

The Bitcoin price soared 6.38%, reaching $65,835.21 at the time of writing on Thursday, May 16. On the other hand, it’s trading volume spiked 59.83% to $41.96 billion in the last 24 hours. Whilst, the crypto’s market capitalization stood at $1.29 trillion.

2. Ethereum Price

The Ethereum price rallied 3.69% to $3,009.62 at press time with a market valuation of $361.51 billion. Whilst, ETH saw its trading volume jumped 29.61%, reaching $15.57 billion.

3. Solana Price

The Solana price rallied behind the $160 level, regaining the bullish momentum today. The Solana price climbed 13.33%, settling at $143.90. In addition, SOL witnessed a 70.42% hike in trade volume to $4.22 billion in the last 24 hours.

4. XRP Price

Whilst, the XRP price inched closer to drop below the $0.50 mark again. The XRP price recorded a drop of 0.89%, reaching $0.502. On the other hand, XRP’s trading volume shot up by 25.49% to $1.06 billion.

5. Cardano Price

Meanwhile, the Cardano crypto price was down 1.81% to $0.4289 today. Whilst, ADA recorded a slump of 19.33% in its 24-hour trading volume, settling at $290.99 million.

6. Dogecoin & Shiba Inu Price

The Dogecoin price plunged 3.04% to $0.1464 while 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

  • Floki (FLOKI): The Floki crypto price surged 10.77% and traded at $0.0002158.
  • Pepe Coin (PEPE): The PEPE price soared 6.10% to $0.00001141.
  • Arweave (AR): The AR price rallied 4.90% to $41.22.
  • Wormhole (W): The Wormhole price rose 2.88% to $0.5436=

Top Crypto Losers Today

  • Worldcoin (WLD): The WLD price lost 9.30% to $4.79.
  • Ethena (ENA): The Ethena crypto price slumped 6.98% to $0.7021.
  • Celestia (TIA): The TIA price dipped 6.77% to $8.19.
  • Dogwifhat (WIF): The WIF crypto price slipped 5.98% to $2.92.

Also Read: Solana Price Analysis: Flag Pattern Suggests Imminent Breakout Rally to $200

The post Crypto Prices Today May 16: Bitcoin Surpasses $65K, Ethereum Gains, Floki Grabs Spotlight appeared first on CoinGape.

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