NewsletterCrypto Prices Today May 16: Bitcoin Surpasses $65K, Ethereum Gains, Floki Grabs Spotlight
Highlights
- Bitcoin inched closer to $66,000 amid the bullish sentiment today.
- Ethereum gained notably and attained the $3,000 mark.
- Meme coins like Floki and Pepe Coin also extended profits.
The top crypto prices today rallied after the cooking U.S. CPI data was released on Wednesday, May 15. The Bitcoin (BTC) price surged past the $65,000 mark. Moreover, the Ethereum (ETH price regained the $3,000 level. In addition, other top altcoins, such as Solana (SOL), XRP, Cardano (ADA) also recorded significant gains.
Major Crypto Prices Today
1. Bitcoin Price
The Bitcoin price soared 6.38%, reaching $65,835.21 at the time of writing on Thursday, May 16. On the other hand, it’s trading volume spiked 59.83% to $41.96 billion in the last 24 hours. Whilst, the crypto’s market capitalization stood at $1.29 trillion.
2. Ethereum Price
The Ethereum price rallied 3.69% to $3,009.62 at press time with a market valuation of $361.51 billion. Whilst, ETH saw its trading volume jumped 29.61%, reaching $15.57 billion.
3. Solana Price
The Solana price rallied behind the $160 level, regaining the bullish momentum today. The Solana price climbed 13.33%, settling at $143.90. In addition, SOL witnessed a 70.42% hike in trade volume to $4.22 billion in the last 24 hours.
4. XRP Price
Whilst, the XRP price inched closer to the $0.52 mark again. The XRP price recorded a surge of 3.24%, reaching $0.5185. On the other hand, XRP’s trading volume shot up by 11.78% to $1.19 billion.
5. Cardano Price
Meanwhile, the Cardano crypto price rallied 7.05% to $0.4595 today. Whilst, ADA recorded a hike of 37.57% in its 24-hour trading volume, settling at $400.18 million.
6. Dogecoin & Shiba Inu Price
The Dogecoin price soared 7.14% to $0.1565 while its rival, Shiba Inu price rocketed 8.73% and traded at $0.00002509.
Also Read: Tech-Savvy Investors Bet On 3 Altcoins To Buy In May For 50X Profit
Top Crypto Gainers Today
- Floki (FLOKI): The Floki crypto price surged 10.77% and traded at $0.0002158.
- Pepe Coin (PEPE): The PEPE price soared 6.10% to $0.00001141.
- Arweave (AR): The AR price rallied 4.90% to $41.22.
- Wormhole (W): The Wormhole price rose 2.88% to $0.5436=
Top Crypto Losers Today
- Worldcoin (WLD): The WLD price lost 9.30% to $4.79.
- Ethena (ENA): The Ethena crypto price slumped 6.98% to $0.7021.
- Celestia (TIA): The TIA price dipped 6.77% to $8.19.
- Dogwifhat (WIF): The WIF crypto price slipped 5.98% to $2.92.
THORChain (RUNE) and Bonk (BONK) also registered massive gains today. Meanwhile, the latest data from the U.S. Labor Department highlighted that the U.S. Consumer Price Index (CPI) surged by 0.3% in April, which was lower than the market estimation of 0.4%. Thereafter, the Bitcoin price climbed from $62,000 to over $65,000.
Also Read: Bitcoin Price: Will Softer CPI Send BTC To $70,000 In May?
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