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

• Pepe Coin (PEPE): The PEPE price soared 7.47% to $0.00001092.
• Arweave (AR): The AR price rallied 4.01% to $40.93.
• Wormhole (W): The Wormhole price rose 3.22% to $0.354=
• Floki (FLOKI): The Floki crypto price surged 1.22% and traded at $0.000196.

Top Crypto Losers Today

• Render (RNDR): The RNDR price lost 8.54% to $10.12.
• Chainlink (LINK): The Chainlink crypto price slumped 4.09% to $12.90.
• Near Protocol (NEAR): The RUNE price dipped 3.97% to $6.99.
• Hedera (HBAR): The HBAR crypto price slipped 3.11% to $0.106.

Monero (XMR), Sui (SUI), Injective (INJ) 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?

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