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Bitcoin exceeds $62,000, ETH below $3,000, XRP drops, Toncoin surges
The global cryptocurrency market continues to undergo a price correction amidst high volatility. Most of the coins are trading in the second red zone CoinMarketCap data. At the time of writing, the overall cryptocurrency market capitalization increased by 1.18% to $2.29 trillion over the past 24 hours. Furthermore, the total market trading volume recorded during the period rose to $56.39 billion, an increase of 52.97% from the previous day. The volume of all stablecoins represents more than 90% of the total 24-hour cryptocurrency market volume.
In today’s focus, we will look at the prices of major coins such as Bitcoin (BTC), Ethereum (ETH), XRP, Dogecoin (DOGE), Toncoin (TON) and others. Let’s get to the point.
The best cryptocurrency prices today
Bitcoin, the flagship cryptocurrency, has shown positive movement as of this writing. According to CMC data, the price of Bitcoin is up a notable 2.46%, trading at $62,582. Furthermore, the leading cryptocurrency’s 24-hour trading volume increased by a significant 70.48% to $22.5 billion, indicating growing investor interest in the asset. As a result, Bitcoin now has a real market capitalization of $1.23 trillion.
The second largest cryptocurrency by market capitalization, Ethereum, appears to have followed the same steps. THE Ethereum price today it trades below the coveted $3,000 mark, at $2,957. Furthermore, assets related to the coin, as shown in its trading volume, increased by 66% to $10.3 billion. As a result, ETH now has a real market capitalization of $354.9 billion.
The trending altcoin, XRP, on the other hand, is not performing as well as the two coins mentioned above. At the time of writing, the XRP price is down 0.2%, changing hands at $0.50. This morning, the price of the coin collapsed below the $0.5 mark after a whale downloaded over 30 million XRP tokens at the Bitstamp exchange. The 24-hour trading volume, however, skyrocketed 124% to $866.6 million.
On the memecoin front, Dogecoin (DOGE), the leading token is down 0.66% over the past day. According to CoinMarketCap data, the price of the DOGE is at $0.142. In contrast, its trading volume increased 46.6% to $877.4 million, with a real market capitalization of $20.5 billion.
Meanwhile, among the top ten largest cryptocurrencies, Toncoin (TON) seems to be performing better. In the last 24 hours, the price of TONS rose 5% to settle at $7.32. This growth is also reflected in trading volume, which increased by more than 200% to $725.5 million. As a result, TON ranks 13th by trading volume, with a real market capitalization of $25.4 billion.
The most trending Gainers today, May 13th
Despite the price decline, some tokens have performed exceptionally well over the past 24 hours. Some of the top trending gains for today include;
Mode (MODE), a modular DeFi L2 developed using OP Stack and part of Optimism Superchain, has increased exponentially by 4668% in recorded time. THE FASHION price it now sits at $0.045 with a real market cap of $59.4 million.
OctaSpace (OCTA) he also exhibited impressive movements. Over the past 24 hours, OCTA price increased by 30.02% to settle at $2.11. Furthermore, its trading volume grew by 486% to $1.5 million, with a real market capitalization of $59.7 million.