Ethereum
Bitcoin Tops $65,000, Ethereum Gains, and Floki Gets Attention
Top crypto prices recovered today following the release of US CPI data on Wednesday, May 15. The price of Bitcoin (BTC) has surpassed the $65,000 mark. Additionally, the price of Ethereum (ETH has regained the $3,000 level. Additionally, other top altcoins, such as Solana (SOL), XRP, Cardano (ADA) have also seen significant gains .
Top Cryptocurrency Prices Today
1. Bitcoin Price
THE Bitcoin Price surged 6.38%, reaching $65,835.21 at the time of reporting on Thursday, May 16. On the other hand, its trading volume soared by 59.83% to $41.96 billion in the last 24 hours. The crypto market capitalization meanwhile stood at $1.29 trillion.
2. Ethereum Price
THE Ethereum Price rose 3.69% to $3,009.62 at press time with a market valuation of $361.51 billion. Meanwhile, ETH saw its trading volume jump 29.61%, reaching $15.57 billion.
3. Solana Prize
THE Solana Price rallied behind the $160 level, resuming today’s bullish momentum. Solana price soared 13.33%, coming in at $143.90. Additionally, SOL saw a 70.42% increase in trading volume to $4.22 billion in the last 24 hours.
4. XRP Price
While the XRP Price moved closer to the $0.52 mark again. XRP price recorded an increase of 3.24%, reaching $0.5185. On the other hand, XRP trading volume climbed 11.78% to $1.19 billion.
5. Cardano Price
Meanwhile, the Cardano crypto price rose 7.05% to $0.4595 today. Meanwhile, ADA recorded a 37.57% increase in its 24-hour trading volume, standing at $400.18 million.
6. Dogecoin and Shiba Inu Price
THE Dogecoin Price climbed 7.14% to $0.1565 while its rival, Shiba Inu Price rose 8.73% and is trading at $0.00002509.
Read also: Tech-Savvy Investors Bet on 3 Altcoins to Buy in May for 50X Profit
Top Crypto Gainers Today
- Floki (FLOKI): Floki crypto price jumped 10.77% and is trading at $0.0002158.
- Pepe Coin (PEPE): PEPE price rose 6.10% to $0.00001141.
- Arweave (AR): AR price increased by 4.90% to $41.22.
- Wormhole (W): Wormhole price increased by 2.88% to $0.5436=
Top Crypto Losers Today
- World Currency (WLD): WLD price lost 9.30% to $4.79.
- Ethena (ENA): The Ethena crypto price fell 6.98% to $0.7021.
- Celestia (TIA): TIA price fell 6.77% to $8.19.
- Dog Hat (WIF): WIF crypto price fell 5.98% to $2.92.
THORChain (RUNE) and Bonk (BONK) also saw massive gains today. Meanwhile, the latest data from the US Department of Labor highlighted that the US Consumer Price Index (CPI) jumped 0.3% in April, lower than the market estimate of 0. .4%. Subsequently, the price of Bitcoin rose from $62,000 to over $65,000.
Read also: Bitcoin Price: Will a Softer CPI Send BTC to $70,000 in May?
✓ Share:
CoinGape includes an experienced team of native content writers and editors working around the clock to cover global news and present news as fact rather than opinion. CoinGape writers and journalists contributed to this article.
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.