Today’s leading cryptocurrency prices have fallen, and the cost of Bitcoin (BTC) has continued to fall below $62,000. In addition, the cost of Ethereum (ETH) is challenging to maintain at over $2,900. Other well-known cryptocurrencies like Cardano (ADA), XRP, and Solana (SOL) also declined.
Current Cryptocurrency Major Prices:
1. Bitcoin
By the time this article was written on Wednesday, May 15, the price of Bitcoin had decreased by 0.95% to $61,909.06. However, its trading volume fell by 5.31% the previous day to $26.27 billion. At the same time, the market capitalization of cryptocurrencies was $1.21 trillion.
2. Ethereum
At the time of writing, Ethereum’s price had dropped 1.12% to $2,905.97, giving it a market valuation of $346.58 billion. Conversely, ETH’s trading volume decreased by 1.14% to $12.09 billion.
3. Solana
With today’s losses, the Solana price moved away from the $150 mark. The cost of Solana fell by 2.68% to $143.90. On the other hand, SOL saw a 6.75% increase in trade volume over the previous day, reaching $2.47 billion.
4. XRP
While the price of XRP moved closer to falling below $0.50 once more, it decreased by 0.89% to $0.502. Conversely, the trading volume of XRP surged by 25.49% to $1.06 billion.
5. Cardano
In the meantime, today’s price of Cardano cryptocurrency dropped 1.81% to $0.4289. Meanwhile, ADA recorded a dip of 19.33% in its 24-hour trading volume, settling at $290.99 million.
6. Shiba Inu & Dogecoin Prices
Dogecoin’s price fell 3.04% to $0.1464, while the price of its competitor Shiba Inu fell 2.20 percent to $0.00002305.
Today’s Top Crypto Gainers
Pepe Coin (PEPE): At $0.00001092, the price of PEPE shot up 7.47%.
Arweave (AR): At $40.93, the price of AR increased by 4.01%.
Wormhole (W): Wormhole’s price increased to $0.354 by 3.22%.
Floki (FLOKI): At $0.000196, the price of the Floki cryptocurrency increased by 1.22%.
Top Crypto Losers Today
Render (RNDR): At $10.12, the RNDR price dropped by 8.54%.
Chainlink (LINK): The coin price plummeted 4.09% to $12.90.
Near Protocol (NEAR): The RUNE price decreased 3.97% to $6.99.
Hedera (HBAR): The HBAR crypto price slipped 3.11% to $0.106.
Injective (INJ), Sui (SUI), and Monero (XMR) are some of the other cryptocurrency losers on this list. The heated PPI data that was announced on Tuesday, May 14, may have caused the cryptocurrency market to collapse. According to the most recent report, the U.S. PPI increased by 0.5% last month, or April, significantly more than the market had predicted.
