Altcoin

Bitcoin Drops To $61K, ETH Dips, Cardano Breaches Market Trend

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The top crypto prices today witnessed continued declines as the Bitcoin (BTC) price dropped 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 witnessed a plunge while XRP and Cardano (ADA) defied the trend.

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

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.

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.

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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