Following the tampered U.S. CPI data announcement on Wednesday, May 15, the leading cryptocurrency prices saw a surge today. The price of Bitcoin (BTC) soared above $65,000. In addition, the price of Ethereum (ETH) recovered to $3,000. Other well-known cryptocurrencies like Cardano (ADA), XRP, and Solana (SOL) also saw notable increases.
Important Cryptocurrency Prices Right Now
1. Bitcoin
By the time this article was written on Thursday, May 16, the price of Bitcoin had increased by 6.38% to $65,835.21. However, its trading volume increased by 59.83% the previous day to $41.96 billion. At the same time, the market capitalization of cryptocurrencies was $1.29 trillion.
2. Ethereum
At press time, Ethereum’s price had increased by 3.69% to $3,009.62, giving it a market valuation of $361.51 billion. On the other hand, ETH’s trading volume increased by 29.61% to reach $15.57 billion.
3. Solana
Today, the Solana price recovered its positive momentum by rallying behind the $160 mark. The cost of Solana increased by 13.33% to $143.90. Furthermore, over the past day, SOL’s transaction volume increased by 70.42% to $4.22 billion.
4. XRP
Meanwhile, the price of XRP continued to trudge toward $0.52. It increased by 3.24% to $0.5185. Conversely, the trading volume of XRP surged by 11.78% to $1.19 billion.
5. Cardano
Cardano’s cryptocurrency price increased by 7.05% to $0.4595 today. On the other hand, ADA’s 24-hour trading volume increased by 37.57% to $400.18 million.
6. Shiba Inu & Dogecoin Prices
The price of Dogecoin increased by 7.14% to $0.1565, while that of its competitor, Shiba Inu, increased by 8.73% to $0.00002509.
Today’s Top Crypto Gainers
Floki (FLOKI): At $0.0002158, the price of the Floki cryptocurrency increased by 10.77%.
Pepe Coin (PEPE): At $0.00001141, the price of PEPE shot up 6.10%.
Arweave (AR): At $41.22, the price of AR increased by 4.90%.
Wormhole (W): At $0.5436, the Wormhole price increased by 2.88%.
Today’s Top Crypto Losers
Worldcoin (WLD): WLD dropped to $4.79, a 9.30% loss.
Ethena (ENA): At $0.7021, the Ethena cryptocurrency price fell 6.98%.
Celestia (TIA): At $8.19, the price of TIA decreased by 6.77%.
Dogwifhat (WIF): WIF’s cryptocurrency value decreased by 5.98% to $2.92.
Bonk (BONK) and THORChain (RUNE) saw significant increases today. In the meantime, the U.S. Labor Department’s most recent statistics showed that the Consumer Price Index (CPI) increased by 0.3% in April, less than the 0.4% market prediction. After that, the price of Bitcoin increased to about $65,000 from $62,000.
