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.
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.
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.
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.
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.
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.
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?
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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