NewsletterCrypto Prices Today May 20: Bitcoin & Ethereum Battle Market Dip, Pendle Soars
Highlights
- The Bitcoin price managed to sustain above $67,000 despite the overall market downturn.
- Ethereum traded higher than $3,100 owing to the rebound noted in the 1-hour frame.
- Solana gained significantly while other major altcoins recorded losses.
The top crypto prices today witnessed a mixed sentiment as the Bitcoin (BTC) price sustained above the $67,000 mark. In addition, the Ethereum (ETH) price remained above the $3,100 level amid the sideways action. Moreover, other top altcoins, such as Solana (SOL) gained while XRP and Cardano (ADA) dropped significantly.
Major Crypto Prices Today
1. Bitcoin Price
The Bitcoin price was up 0.06%, reaching $67,169.93 at the time of writing on Monday, May 20. On the other hand, it’s trading volume surged 34.02% to $21.33 billion in the last 24 hours. Whilst, the crypto’s market capitalization stood at $1.32 trillion.
2. Ethereum Price
The Ethereum price gained 0.37% to $3,131.46 at press time with a market valuation of $376.19 billion. Whilst, ETH saw its trading volume spike 20.32%, reaching $10.23 billion.
3. Solana Price
The Solana price inched closer to the $180 level, marking a significant milestone today. The Solana price surged 1.51%, settling at $177.63. In addition, SOL witnessed a 23.93% gain in trade volume to $2.73 billion in the last 24 hours.
4. XRP Price
Whilst, the XRP price extended below the $0.52 mark again. The XRP price recorded a drop of 0.94%, reaching $0.5173. On the other hand, XRP’s trading volume soared by 34.84% to $647.68 million.
5. Cardano Price
Meanwhile, the Cardano crypto price slipped 0.78% to $0.477 today. Whilst, ADA recorded a gain of 21.77% in its 24-hour trading volume, settling at $274.81 million.
6. Dogecoin & Shiba Inu Price
The Dogecoin price plunged 1.79% to $0.1525 while its rival, Shiba Inu price was down 2.46% and traded at $0.00002429.
Also Read: Crypto Market Analysis 19/5: Altcoins Recovery Stalls as BTC Stabilizes at $67k
Top Crypto Gainers Today
- Pendle (PENDLE): The Pendle price soared 6.74% to $5.29.
- Dogwifhat (WIF): The WIF crypto price surged 4.16% and traded at $2.72.
- Gnosis (GNO): The Gnosis price rose 3.84% to $312.88.
- Chainlink (LINK): The LINK price rallied 2.95% to $16.95.
Top Crypto Losers Today
- Pyth Network (PYTH): The PYTH crypto price plunged 9.20% to $0.3955.
- Celestia (TIA): The Celestia price dipped 6% to $8.88.
- Akash Network (AKT): The AKT crypto price slipped 5.59% to $5.51..
- eCash (XEC): The XEC price lost 5.32% to $0.00004983.
The Bitcoin and Ethereum prices rebounded significantly in the 1-hour frame alongside several altcoins. The gain in ETH could be in response to the optimism around the approval of the Spot Ethereum ETF as the May 23 deadline is inching closer.
Also Read: Bitcoin Maxi Spotlights 5 Reasons Why BTC Will Hit $70K Next Week
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