Crypto Prices Today May 17: Bitcoin & Ethereum Retreat, Chainlink Bags Top Gainer Crown

Coingapestaff
May 17, 2024 Updated May 29, 2025
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Crypto Prices Today Feb 8: BTC Hits $95K Low, Altcoins Show Mixed Actions

Highlights

  • Bitcoin sustained above $65,000 despite the dip recorded today.
  • Ethereum again dropped below $3,000, which is a crucial level.
  • Chainlink emerged as the top crypto gainer today.

The top crypto prices today registered declines, however, Bitcoin (BTC) price managed to sustain above the $65,000 mark. Whilst, the Ethereum (ETH) price extended lower than the $3,000 level. In addition, other top altcoins, such as Solana (SOL) and XRP also witnessed a modest drop while Cardano (ADA) gained.

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Major Crypto Prices Today

1. Bitcoin Price

Crypto Prices Today
Source: CoinMarketCap

The Bitcoin price dipped 0.52%, reaching $65,499.97 at the time of writing on Friday, May 17. On the other hand, it’s trading volume plunged 28.74% to $29.90 billion in the last 24 hours. Whilst, the crypto’s market capitalization stood at $1.29 trillion.

2. Ethereum Price

The Ethereum price lost 1.92% to $2,949.67 at press time with a market valuation of $354.32 billion. Whilst, ETH saw its trading volume plummeted 21.86%, reaching $12.15 billion.

3. Solana Price

The Solana price sustained above the $160 level and dipped slightly today. The Solana price was down 0.25%, settling at $162.13. In addition, SOL witnessed a 26.47% drop in trade volume to $3.10 billion in the last 24 hours.

4. XRP Price

Whilst, the XRP price slumped below the $0.52 mark again. The XRP price recorded a dip of 0.23%, reaching $0.5175. On the other hand, XRP’s trading volume dropped by 8.10% to $1.09 billion.

5. Cardano Price

Meanwhile, the Cardano crypto price rallied 1.11% to $0.4645 today. Whilst, ADA recorded a plunge of 9.75% in its 24-hour trading volume, settling at $361.14 million.

6. Dogecoin & Shiba Inu Price

The Dogecoin price slumped 4.09% to $0.15 while its rival, Shiba Inu price tumbled 2.94% and traded at $0.00002436.

Also Read: Smart Money Has An Eye For 2 Crypto To Buy For 10X-50X Potential In 2024

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Top Crypto Gainers Today

  • Chainlink (LINK): The Chainlink crypto price surged 13.25% and traded at $15.78.
  • Immutable (IMX): The Immutable price soared 6.72% to $2.50.
  • Arweave (AR): The AR price rallied 5.77% to $46.21.
  • Hedera (HBAR): The HBAR price rose 3.47% to $0.1136.
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Top Crypto Losers Today

  • Book Of Meme (BOME): The BOME crypto price slipped 9.45% to $0.01149.
  • Stacks (STX): The STX price lost 8.16% to $1.97.
  • Wormhole (W): The W crypto price slumped 5.25% to $0.5353.
  • Ethena (ENA): The Ethena price dipped 4.93% to $0.6919.

Polygon (MATIC), Sui (SUI), and Fantom (FTM) also gained significantly today. However, the broader market trend remained bearish.

Also Read: 3 Top Reasons Why Catcoin (CAT) is trending Today

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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.