Cryptocurrency prices suffered huge losses today, with Bitcoin hovering around $60,000 while Ethereum and other altcoins like Solana and XRP fell.
emphasize
After rallying above $63,000, Bitcoin price suddenly dropped.
Ethereum even dipped slightly below $2,900.
Meme coins such as Shiba Inu and Dogecoin also saw losses.
The top cryptocurrency price turned bearish today as Bitcoin (BTC) price dropped below the $61,000 level. Also, Ethereum (ETH) dropped to the $2,900 level. Moreover, other top altcoins like Solana (SOL), XRP, Cardano (ADA) also saw a decline.
Major cryptocurrency prices today
1. Bitcoin Price
As of Saturday, May 11, the price of Bitcoin plummeted by 3.33% to $60,802.57. On the other hand, its trading volume surged by 7.55% to $27.12 billion in the past 24 hours. Meanwhile, the cryptocurrency’s market capitalization is $1.19 trillion.
2. Ethereum Price
As of press time, the price of Ethereum plummeted by 3.60% to $2,916.58, with a market value of $350.36 billion. At the same time, ETH trading volume soared by 8.86% to $11.98 billion.
3. Solana Price
Solana price fell below the $150 level today. Solana price fell 4.86% and closed at $145.26. In contrast, SOL’s trading volume increased by 5.68% to $2.46 billion in the past 24 hours.
4. XRP Price
Meanwhile, XRP price is trading around $0.50 amid a bearish downturn. XRP price fell 2.63% to $0.5045. On the other hand, XRP’s trading volume grew 7.76% to $1.04 billion.
5. Cardano Price
Meanwhile, the Cardano cryptocurrency price plunged 3.94% today to $0.4464. Meanwhile, ADA’s 24-hour trading volume rose 0.52% to $300.69 million.
6. Dogecoin and Shiba Inu prices
Dogecoin fell 4.09% to $0.1445, while its rival Shiba Inu plunged 3.31% to trade at $0.00002259.
Today's Biggest Cryptocurrency Gains
Lido DAO (LDO): LDO price increased by 2.30% to $1.96.
Tron (TRX): The Tron cryptocurrency surged 2.14% and is trading at $0.1212.
Chiliz (CHZ): The Chiliz cryptocurrency surged 1.98% and is trading at $0.1253.
THORChain (RUNE): RUNE cryptocurrency price rose by 1.75% to $5.45.
Today’s Biggest Crypto Losers
Dogwifhat (WIF): WIF price fell by 10.83% to $2.91.
Helium (HNT): Helium prices fell 9.70% to $4.84.
Aakash Network (AKT): AKT price fell by 7.99% to $4.43.
JasmyCoin (JASMY): JASMY price fell by 6.36% to $0.01792.
Jupiter (JUP) and Avalanche (AVAX) also ranked among the top crypto losers today.
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