Altcoin

Bitcoin, Ethereum, XRP Drop As Ethena Shines

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The top crypto prices today registered further declines as the Bitcoin (BTC) price extended lower than the $63,000 level. Furthermore, the Ethereum (ETH) price geared up to drop below the $3,000 mark amid the bearish downturn. In addition, other top altcoins, such as Solana (SOL), XRP and (ADA) also witnessed a plunge.

Major Crypto Prices Today

1. Bitcoin Price

The Bitcoin price was down by 1.54% reaching $62,419.06 at the time of writing on Wednesday, May 8. On the other hand, it’s trading volume plummeted 16.14% to $25.42 billion in the last 24 hours. Whilst, the crypto’s market capitalization dipped to $1.22 trillion.

2. Ethereum Price

The Ethereum price dropped 1.56% to $3,017.56 at press time with a market valuation of $362.40 billion. Whilst, ETH saw its trading volume drop 16.74%, reaching $11.48 billion.

3. Solana Price

The Solana price extended below the $150 level today. The Solana price lost 4.96%, settling at $147.04. In contrast, SOL witnessed a 21.94% plunge in trade volume to $2.53 billion in the last 24 hours.

4. XRP Price

Whilst, the XRP price fell lower than the $0.53 mark. The XRP price recorded a loss of 2.96%, reaching $0.5216. On the other hand, XRP’s trading volume slumped by 36.69% to $1.16 billion.

5. Cardano Price

Meanwhile, the Cardano crypto price was down 1.70% to $0.4418 today. Whilst, ADA recorded a dip of 19.24% in its 24-hour trading volume, settling at $297.88 million.

6. Dogecoin & Shiba Inu Price

The Dogecoin price dropped 4% to $0.1498 while its rival, Shiba Inu price slipped 3% and traded at $0.000023.

Also Read: Tron Founder Shares Big Robotics, AI and Blockchain Statement

Top Crypto Gainers Today

  • Ethena (ENA): The Ethena crypto price rose 3.46% to $0.9048.
  • Tron (TRX): The Tron crypto surged 2.42% and traded at $0.1215.
  • Lido DAO (LDO): The Lido DAO crypto surged 2.40% and traded at $1.97.
  • UNUS SED LEO (LEO): The LEO crypto price rose 1.77% to $5.89.

Top Crypto Losers Today

  • Dogwifhat (WIF): The Dogwifhat price lost 11.95%% to $2.93.
  • Aakash Network (AKT): The AKT price plunged 8.48% to $4.45.
  • Arweave (AR): The Arweave crypto slumped 8.38% to $37.73.
  • Helium (HNT): The HNT price was down 8.27% to $4.93.

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

Also Read: SHIB Price Prediction: As Trading Volume Spikes 68%, Will Shiba Inu Coin Price Rally?

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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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