NewsletterCrypto Prices Today May 11: Bitcoin Dips To $60K, ETH & Other Altcoins Plunge
Highlights
- After rebounding past $63,000, the Bitcoin price experienced a sudden drop.
- Ethereum even inched closer to dip below $2,900.
- Meme coins like Shiba Inu and Dogecoin also recorded losses.
The top crypto prices today were hit by a bearish turn as the Bitcoin (BTC) price extended below the $61,000 evel. Furthermore, the Ethereum (ETH) plunged significantly and dropped to the $2,900 level. In addition, other top altcoins, such as Solana (SOL), XRP, Cardano (ADA) also registered notable losses.
Major Crypto Prices Today
1. Bitcoin Price
The Bitcoin price plunged 3.33% reaching $60,802.57 at the time of writing on Saturday, May 11. On the other hand, it’s trading volume soared 7.55% to $27.12 billion in the last 24 hours. Whilst, the crypto’s market capitalization stood at $1.19 trillion.
2. Ethereum Price
The Ethereum price crashed 3.60% to $2,916.58 at press time with a market valuation of $350.36 billion. Whilst, ETH saw its trading volume surged 8.86%, reaching $11.98 billion.
3. Solana Price
The Solana price extended lower than the $150 level today. The Solana price lost 4.86%, settling at $145.26. In contrast, SOL witnessed a 5.68% gain in trade volume to $2.46 billion in the last 24 hours.
4. XRP Price
Whilst, the XRP price traded around the $0.50 mark amid the bearish downturn. The XRP price recorded a dip of 2.63%, reaching $0.5045. On the other hand, XRP’s trading volume rose by 7.76% to $1.04 billion.
5. Cardano Price
Meanwhile, the Cardano crypto price tumbled 3.94% to $0.4464 today. Whilst, ADA recorded a hike of 0.52% in its 24-hour trading volume, settling at $300.69 million.
6. Dogecoin & Shiba Inu Price
The Dogecoin price lost 4.09% to $0.1445 while its rival, Shiba Inu price plunged 3.31% and traded at $0.00002259.
Also Read: Bitcoin Price Forecast: Why Is BTC Falling Suddenly Today?
Top Crypto Gainers Today
- Lido DAO (LDO): The LDO price rose 2.30% to $1.96.
- Tron (TRX): The Tron crypto surged 2.14% and traded at $0.1212.
- Chiliz (CHZ): The Chiliz crypto surged 1.98% and traded at $0.1253.
- THORChain (RUNE): The RUNE crypto price rose 1.75% to $5.45.
Top Crypto Losers Today
- Dogwifhat (WIF): The WIF price lost 10.83%% to $2.91.
- Helium (HNT): The Helium price dipped 9.70% to $4.84.
- Aakash Network (AKT): The AKT price was down 7.99% to $4.43.
- JasmyCoin (JASMY): The JASMY price slipped 6.36% to $0.01792.
Jupiter (JUP) and Avalanche (AVAX) also made it to the top crypto losers list today.
Also Read: Toncoin Price Forecast: Is $TON Recovery Heading to $10 in May?
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