Crypto Prices Today May 16: Bitcoin Surpasses $65K, Ethereum Gains, Floki Grabs Spotlight

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?