Ethereum

Bitcoin and Ethereum Retreat, Chainlink Rebounds 13%

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The highest cryptocurrency prices recorded a decline today, but the price of Bitcoin (BTC) managed to hold above the $65,000 mark. While Ethereum (ETH) price remained below the $3,000 level. Additionally, other top altcoins such as Solana (SOL) and XRP also saw a slight decline while Cardano ( ADA) won.

Top Cryptocurrency Prices Today

1. Bitcoin Price

Source: CoinMarketCap

THE Bitcoin Price fell 0.52%, reaching $65,499.97 at the time of writing on Friday, May 17. On the other hand, its trading volume plunged 28.74% to $29.90 billion in the last 24 hours. The crypto market capitalization meanwhile stood at $1.29 trillion.

2. Ethereum Price

THE Ethereum Price lost 1.92% to $2,949.67 at press time with a market valuation of $354.32 billion. Meanwhile, ETH saw its trading volume drop by 21.86%, reaching $12.15 billion.

3. Solana Prize

THE Solana Price held above the $160 level and declined slightly today. Solana price is down 0.25%, settling at $162.13. Additionally, SOL saw a 26.47% drop in trading volume to $3.10 billion in the last 24 hours.

4. XRP Price

While the XRP Price fell below $0.52 again. XRP price recorded a decline of 0.23%, reaching $0.5175. In contrast, XRP trading volume fell 8.10% to $1.09 billion.

5. Cardano Price

Meanwhile, the Cardano crypto price rose 1.11% to $0.4645 today. Meanwhile, ADA recorded a 9.75% drop in its 24-hour trading volume, standing at $361.14 million.

6. Dogecoin and Shiba Inu Price

THE Dogecoin Price fell 4.09% to $0.15 while its rival, Shiba Inu Price fell 2.94% and is trading at $0.00002436.

Read also: Smart Money has its eye on 2 cryptos to buy for 10X to 50X potential in 2024

Top Crypto Gainers Today

  • Chain link (LINK): Chainlink crypto price jumped 13.25% and is trading at $15.78.
  • Immutable (IMX): Immutable price rose 6.72% to $2.50.
  • Arweave (AR): AR price increased by 5.77% to $46.21.
  • Hedera (HBAR): HBAR price increased by 3.47% to $0.1136.

Top Crypto Losers Today

  • Meme Book (BOME): BOME crypto price fell 9.45% to $0.01149.
  • Batteries (STX): STX price lost 8.16% to $1.97.
  • Wormhole (W): W crypto price fell 5.25% to $0.5353.
  • Ethena (ENA): Ethena price fell 4.93% to $0.6919.

Polygon (MATIC), Sui (SUI), and Fantom (FTM) also rose significantly today. However, the overall market trend remained bearish.

Read also: Top 3 Reasons Why Catcoin (CAT) is Trending Today

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The content presented may include the personal opinion of the author and is subject to market conditions. Do your market research before investing in cryptocurrencies. The author or publication assumes no responsibility for your personal financial loss.



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