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Bitcoin surpasses $65,000, Ethereum gains, Floki takes the spotlight
Higher cryptocurrency prices recovered today after US CPI data was released on Wednesday, May 15. The price of Bitcoin (BTC) has risen above the $65,000 mark. Furthermore, the price of Ethereum (ETH) has regained the $3,000 level. Furthermore, other major altcoins, such as Solana (SOL), XRP, Cardano (ADA) also recorded significant gains.
Top cryptocurrency prices today
1. Bitcoin Price
Source: CoinMarketCap
THE Bitcoin price rose 6.38% to $65,835.21 at the time of writing, Thursday, May 16. On the other hand, the trading volume increased by 59.83% to $41.96 billion in the last 24 hours. The cryptocurrency’s market capitalization amounted to $1.29 trillion.
2. Price of Ethereum
Source: CoinMarketCap
THE Ethereum price as of this writing it has rallied 3.69% to $3,009.62, with a market valuation of $361.51 billion. While ETH saw its trading volume increase by 29.61%, reaching $15.57 billion.
3. Solana Price
THE Solana price it strengthened behind the $160 level, regaining bullish momentum today. Solana price rose by 13.33%, settling at $143.90. Additionally, SOL witnessed a 70.42% increase in trading volume to $4.22 billion in the past 24 hours.
4. XRP Price
While the XRP Price it approached the $0.52 level again. XRP price recorded an increase of 3.24%, reaching $0.5185. On the other hand, XRP trading volume increased by 11.78% to $1.19 billion.
5. Cardano Price
Meanwhile, the Cardano cryptocurrency price today it rallied 7.05% to $0.4595. In contrast, ADA recorded a 37.57% increase in 24-hour trading volume to $400.18 million.
6. Dogecoin and Shiba Inu price
THE Dogecoin price rose 7.14% to $0.1565 while its rival, Shiba Inu Price rose 8.73% and traded at $0.00002509.
Read also: Tech-savvy investors bet on 3 Altcoins to buy in May for 50X profit
Top cryptocurrency gains today
- Floki (FLOKI): The price of Floki cryptocurrency increased by 10.77% and was trading at $0.0002158.
- Pepe Coin (PEPE): PEPE price rose 6.10% to $0.00001141.
- Wave texture (AR): AR price rose 4.90% to $41.22.
- Wormholes (W): Wormhole price increased by 2.88% to $0.5436=
Top cryptocurrency losers today
- World Currency (WLD): WLD price lost 9.30% to $4.79.
- Ethena (ENA): The price of the Ethena cryptocurrency fell by 6.98% to $0.7021.
- Celestia (TIA): The price of TIA fell 6.77% to $8.19.
- Dogwifhat (WIF): The price of WIF cryptocurrency fell by 5.98% to $2.92.
THORChain (RUNE) and Bonk (BONK) also posted huge gains today. Meanwhile, the latest data from the US Department of Labor showed that the US consumer price index (CPI) rose 0.3% in April, lower than the market estimate of 0.4%. Subsequently, the price of Bitcoin rose from $62,000 to over $65,000.
Read also: Bitcoin Price: Will a Weaker CPI Take BTC to $70,000 in May?