Bitcoin

Bitcoin and Ethereum Battle Market Drops, Pendle Soars

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Top cryptocurrency prices today witnessed mixed sentiment as Bitcoin (BTC) price remained above the $67,000 mark. Additionally, Ethereum (ETH) price remained above the $3,100 level amid the sideways action. Additionally, other major altcoins such as Solana (SOL) gained, while XRP and Cardano (ADA) fell significantly.

Top Crypto Prices Today

1. Bitcoin Price

O Bitcoin Price rose 0.06% to reach $67,169.93 at the time of writing on Monday, May 20th. On the other hand, its trading volume increased by 34.02% to $21.33 billion in the last 24 hours. Meanwhile, the crypto market capitalization was $1.32 trillion.

2. Ethereum Price

O Ethereum Price has gained 0.37% to $3,131.46 year to date, with a market valuation of $376.19 billion. Meanwhile, ETH saw its trading volume increase by 20.32% to reach $10.23 billion.

3. Solana Price

O Solana Price it approached the $180 level, marking a significant milestone today. Solana price rose 1.51%, settling at $177.63. Furthermore, SOL witnessed a 23.93% gain in trade volume to $2.73 billion in the last 24 hours.

4. XRP Price

Although, the XRP Price extended below the $0.52 mark again. The price of XRP registered a drop of 0.94%, reaching US$0.5173. On the other hand, XRP trading volume increased by 34.84% to $647.68 million.

5. Cardano Price

Meanwhile, the Cardano Crypto Price fell 0.78% to $0.477 today. Meanwhile, ADA recorded a 21.77% gain in its 24-hour trading volume, settling at $274.81 million.

6. Dogecoin and Shiba Inu Price

O Dogecoin Price fell 1.79% to $0.1525, while its rival, Shiba Inu Price fell 2.46% and traded at $0.00002429.

Read too: Crypto Market Analysis 5/19: Altcoin Recovery Stalls as BTC Stabilizes at $67K

Top Crypto Earners Today

  • Pendle (PENDLE): Pendle price rose 6.74% to $5.29.
  • Dogwife (WIF): WIF crypto price rose 4.16% and traded at $2.72.
  • Gnosis (GNO): Gnosis price rose 3.84% to $312.88.
  • Chain link (LINK): LINK price rose 2.95% to $16.95.

Top Crypto Losers Today

  • Pyth Network (PYTH): PYTH crypto price plunged 9.20% to $0.3955.
  • Celestia (AUNT): The price of Celestia fell 6% to $8.88.
  • Akash Network (AKT): AKT crypto price fell 5.59% to $5.51.
  • eCash (XEC): XEC price lost 5.32% to $0.00004983.

Bitcoin and Ethereum prices recovered significantly in the 1-hour period, along with several altcoins. The gain in ETH could be a response to optimism surrounding the approval of the Spot Ethereum ETF as the May 23 deadline approaches.

Read too: Bitcoin Maxi Highlights 5 Reasons Why BTC Will Hit $70K Next Week

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