NewsletterCrypto Prices Today May 17: Bitcoin & Ethereum Retreat, Chainlink Bags Top Gainer Crown
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.
Major Crypto Prices Today
1. Bitcoin Price
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
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.
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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