Bitcoin
Bitcoin and Ethereum suffer amid market decline as Pepe Coin shines
Top cryptocurrency prices today recorded a decline as the price of Bitcoin (BTC) extended below the $62,000 mark. Furthermore, the price of Ethereum (ETH struggled to sustain itself above the $2,900 level. Additionally, other major altcoins such as Solana (SOL), XRP, Cardano (ADA) also noticed a significant drop.
Top Crypto Prices Today
1. Bitcoin Price
O Bitcoin Price is down 0.95% to reach $61,909.06 at the time of writing on Wednesday, May 15th. On the other hand, its trading volume fell by 5.31% to US$26.27 billion in the last 24 hours. Meanwhile, the crypto market capitalization was $1.21 trillion.
2. Ethereum Price
O Ethereum Price fell 1.12% to $2,905.97 at press time, with a market valuation of $346.58 billion. Meanwhile, ETH saw its trading volume fall by 1.14% to reach $12.09 billion.
3. Solana Price
O Solana Price distanced itself from the $150 level amid today’s declines. Solana price fell 2.68%, settling at $143.90. In contrast, SOL witnessed a 6.75% increase in trading volume to $2.47 billion in the last 24 hours.
4. XRP Price
Although, the XRP Price inched closer to falling below the $0.50 mark again. The price of XRP registered a drop of 0.89%, reaching US$0.502. On the other hand, XRP trading volume increased by 25.49% to $1.06 billion.
5. Cardano Price
Meanwhile, the Cardano Crypto Price fell 1.81% to $0.4289 today. Meanwhile, ADA recorded a 19.33% drop in its trading volume in 24 hours, settling at $290.99 million.
6. Dogecoin and Shiba Inu Price
O Dogecoin Price fell 3.04% to $0.1464, while its rival, Shiba Inu Price fell 2.20% and traded at $0.00002305.
Read too: Render vs Theta; Which DePIN Altcoin to buy in May
Top Crypto Earners Today
- Pepe Currency (PEPE): PEPE price soared 7.47% to $0.00001092.
- Arweave (AR): AR price rose 4.01% to $40.93.
- Wormhole (W): Wormhole price rose 3.22% to $0.354=
- Floki (FLOKI): Floki crypto price rose 1.22% and traded at $0.000196.
Top Crypto Losers Today
- Render (RNDR): RNDR price lost 8.54% to $10.12.
- Chain link (LINK): Chainlink crypto price fell 4.09% to $12.90.
- Near Protocol (NEAR): RUNE price fell 3.97% to $6.99.
- Hedera (HBAR): HBAR crypto price fell 3.11% to $0.106.
Monero (XMR), Sui (SUI), Injective (INJ) also made it to the list of top crypto losers today. The decline in the crypto market may have been triggered by the hot PPI data released on Tuesday, May 14. The latest report highlighted that last month’s US PPI ie. April, rose 0.5%, which is substantially higher than estimated by the market.
Read too: Solana Price Analysis: Flag Pattern Suggests Imminent Rally Towards $200