Crypto Prices Today May 21: Bitcoin Hits $70K Amid Robust ETF Inflows, ETH Rockets 22%
Highlights
- Bitcoin soared over 5% and hit the $70,000 mark.
- Ethereum recorded a parabolic surge and rallied over 17%.
- Top altcoins mirrored ye positive sentiment and gained notably.
The top crypto prices today registered a bullish moment as the Bitcoin (BTC) price extended above the $70,000 mark. In addition, the Ethereum (ETH) price even surpassed the $3,700 level marking a massive milestone. Moreover, other top altcoins, such as Solana (SOL), XRP and Cardano (ADA) trailed behind with substantial gains.
Major Crypto Prices Today
1. Bitcoin Price
The Bitcoin price was up 5.60%, reaching $70,935.69 at the time of writing on Tuesday, May 21. On the other hand, it’s trading volume skyrocketed 137.82% to $50.90 billion in the last 24 hours. Whilst, the crypto’s market capitalization stood at $1.40 trillion.
2. Ethereum Price
The Ethereum price rocketed 22.82% to $3,787.20 at press time with a market valuation of $454.95 billion. Whilst, ETH saw its trading volume spike 310.08%, reaching $44.68 billion.
3. Solana Price
The Solana price soared to the $180 level today. The Solana price surged 2.36%, settling at $181.94. In addition, SOL witnessed a 80.51% gain in trade volume to $4.90 billion in the last 24 hours.
4. XRP Price
Whilst, the XRP price surged above the $0.53 mark again. The XRP price recorded a gain of 3.36%, reaching $0.5348. On the other hand, XRP’s trading volume soared by 154.83% to $1.65 billion.
5. Cardano Price
Meanwhile, the Cardano crypto price climbed 4.26% to $0.4975 today. Whilst, ADA recorded a surge of 121.26% in its 24-hour trading volume, settling at $609.07 million.
6. Dogecoin & Shiba Inu Price
The Dogecoin price rallied 6.44% to $0.1643 while its rival, Shiba Inu price was up 4.42% and traded at $0.00002532.
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Top Crypto Gainers Today
- Lida DAO (LDO): The LDO crypto price surged 28.83% and traded at $2.25.
- Pyth Network (PYTH): The PYTH price rose 26.45% to $0.4937.
- Pepe Coin (PEPE): The PEPE price soared 17.24% to $0.00001108.
- Uniswap (UNI): The Uniswap price rallied 16.12% to $9.11.
Top Crypto Losers Today
- Arweave (AR): The AR crypto price plunged 6.67% to $45.37.
- Gala (GALA): The Gala price dipped 6.39% to $0.04157.
- Ondo (ONDO): The Ondo crypto price slipped 0.43% to $0.9372.
- Other prominent cryptocurrencies didn’t witness much declines.
The surge in ETH could be in response to the optimism surrounding the approval of the Spot Ethereum ETF applications as the May 23 deadline is inching closer. According to Bloomberg, the Ether ETF approval odds have increased to 75% due to the SEC’s latest announcement of updated 19b-4 filings. Moreover, the Spot Bitcoin ETFs garnered strong inflows of $237 million on Monday, May 20. This influx may have propelled the BTC price beyond $70,000.
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