Crypto News

Crypto Prices Today May 9: Bitcoin Slips To $61K, ETH Continues Decline, Cardano Defies Trend

Crypto prices faced losses as Bitcoin traded at $61,000 and Ethereum dropped below $3,000, while Cardano defied the trend to post gains.
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Crypto Prices Today May 9: Bitcoin Slips To $61K, ETH Continues Decline, Cardano Defies Trend

Highlights

  • The Bitcoin price hovered around the $61,000 level.
  • Ethereum failed to hold the crucial level of $3,000.
  • Cardano defied the market trend and surged over 4%.

The top crypto prices today registered continued declines as the Bitcoin (BTC) price slipped lower than the $62,000 level. Furthermore, the Ethereum (ETH) extended below the $3,000 mark amid the bearish downturn. In addition, other top altcoins, such as Solana (SOL) also noted a plunge while XRP and Cardano (ADA) breached the market trend.

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Major Crypto Prices Today

1. Bitcoin Price

Source: CoinMarketCap

The Bitcoin price was down by 1.75% reaching $61,495.88 at the time of writing on Thursday, May 9. On the other hand, it’s trading volume dipped 1.38% to $25.10 billion in the last 24 hours. Whilst, the crypto’s market capitalization dipped to $1.21 trillion.

2. Ethereum Price

Source: CoinMarketCap

The Ethereum price dropped 0.50% to $2,993.52 at press time with a market valuation of $359.52 billion. Whilst, ETH saw its trading volume fall 1.73%, reaching $11.25 billion.

3. Solana Price

The Solana price continue trading below the $150 level today. The Solana price lost 1.91%, settling at $143.80. In contrast, SOL witnessed a 6.48% plunge in trade volume to $2.35 billion in the last 24 hours.

4. XRP Price

Whilst, the XRP price recorded a slight rebound and sustained the $0.52 mark. The XRP price recorded a gain of 0.24%, reaching $0.5208. On the other hand, XRP’s trading volume slumped by 11.95% to $1.02 billion.

5. Cardano Price

Meanwhile, the Cardano crypto price soared 4.31% to $0.4602 today. Whilst, ADA recorded a spike of 74.04% in its 24-hour trading volume, settling at $519.72 million.

6. Dogecoin & Shiba Inu Price

The Dogecoin price tumbled 2.02% to $0.1471 while its rival, Shiba Inu price slipped 0.32% and traded at $0.00002287.

Also Read: Reasons Why Bitcoin Price May Cross 70K Soon

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Top Crypto Gainers Today

  • Lido DAO (LDO): The LDO crypto price rose 2.30% to $1.96.
  • Tron (TRX): The Tron crypto surged 2.14% and traded at $0.1212.
  • Chiliz (CHZ): The Chiliz crypto surged 1.98% and traded at $0.1253.
  • THORChain (RUNE): The RUNE crypto price rose 1.75% to $5.45.
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Top Crypto Losers Today

  • Dogwifhat (WIF): The Dogwifhat price lost 10.83%% to $2.91.
  • Helium (HNT): The HNT price was down 9.70% to $4.84.
  • Aakash Network (AKT): The AKT price plunged 7.99% to $4.43.
  • JasmyCoin (JASMY): The JasmyCoin price slumped 6.36% to $0.01792.

Avalanche (AVAX), Jupiter (JUP), and Arweave (AR) also made it to the top crypto losers list today.

Also Read: XRP Price Prediction: Will Market Uncertainty on Ripple Vs SEC Case Push $XRP Below $0.5?

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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.

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