Crypto Prices Today May 8: Bitcoin, Ethereum, XRP Drop As Ethena Shines
Highlights
- The Bitcoin price slipped to the $62,000 level.
- Ethereum inched closer to losing hold on the crucial level of $3,000.
- Ethena emerged as the top crypto gainer today despite the bearish trend.
The top crypto prices today registered further declines as the Bitcoin (BTC) price extended lower than the $63,000 level. Furthermore, the Ethereum (ETH) price geared up to drop below the $3,000 mark amid the bearish downturn. In addition, other top altcoins, such as Solana (SOL), XRP and (ADA) also witnessed a plunge.
Major Crypto Prices Today
1. Bitcoin Price
The Bitcoin price was down by 1.54% reaching $62,419.06 at the time of writing on Wednesday, May 8. On the other hand, it’s trading volume plummeted 16.14% to $25.42 billion in the last 24 hours. Whilst, the crypto’s market capitalization dipped to $1.22 trillion.
2. Ethereum Price
The Ethereum price dropped 1.56% to $3,017.56 at press time with a market valuation of $362.40 billion. Whilst, ETH saw its trading volume drop 16.74%, reaching $11.48 billion.
3. Solana Price
The Solana price extended below the $150 level today. The Solana price lost 4.96%, settling at $147.04. In contrast, SOL witnessed a 21.94% plunge in trade volume to $2.53 billion in the last 24 hours.
4. XRP Price
Whilst, the XRP price fell lower than the $0.53 mark. The XRP price recorded a loss of 2.96%, reaching $0.5216. On the other hand, XRP’s trading volume slumped by 36.69% to $1.16 billion.
5. Cardano Price
Meanwhile, the Cardano crypto price was down 1.70% to $0.4418 today. Whilst, ADA recorded a dip of 19.24% in its 24-hour trading volume, settling at $297.88 million.
6. Dogecoin & Shiba Inu Price
The Dogecoin price dropped 4% to $0.1498 while its rival, Shiba Inu price slipped 3% and traded at $0.000023.
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Top Crypto Gainers Today
- Ethena (ENA): The Ethena crypto price rose 3.46% to $0.9048.
- Tron (TRX): The Tron crypto surged 2.42% and traded at $0.1215.
- Lido DAO (LDO): The Lido DAO crypto surged 2.40% and traded at $1.97.
- UNUS SED LEO (LEO): The LEO crypto price rose 1.77% to $5.89.
Top Crypto Losers Today
- Dogwifhat (WIF): The Dogwifhat price lost 11.95%% to $2.93.
- Aakash Network (AKT): The AKT price plunged 8.48% to $4.45.
- Arweave (AR): The Arweave crypto slumped 8.38% to $37.73.
- Helium (HNT): The HNT price was down 8.27% to $4.93.
JasmyCoin (,JASMY), Avalanche (AVAX) and Jupiter (JUP) also made it to the top crypto losers list today.
Also Read: SHIB Price Prediction: As Trading Volume Spikes 68%, Will Shiba Inu Coin Price Rally?
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