Crypto Prices Today May 13: Bitcoin At $60K, Ethereum Plunges Amid Bear Market

As a researcher with a background in cryptocurrencies, I have closely monitored the market trends for quite some time. Today’s crypto prices reveal a bearish trend, with Bitcoin and Ethereum leading the decline. The Bitcoin price dropped below the $61,000 mark, while Ethereum plunged significantly to the $2,800 level. Other altcoins such as Solana, XRP, Cardano also noted notable declines.

Today’s cryptocurrency market saw a downturn as Bitcoin (BTC) failed to hold above the $61,000 mark, resulting in additional losses. Meanwhile, Ethereum (ETH) experienced a substantial drop and touched the $2,800 price point. Similarly, other prominent altcoins like Solana (SOL), XRP, and Cardano (ADA) noted considerable declines.

Major Crypto Prices Today

1. Bitcoin Price

As a financial analyst, I’d rephrase that as follows: The price of Bitcoin dipped 0.24 percent to hit $60,913.20 on May 13, Monday. Conversely, the trading volume experienced a significant surge of 27.61 percent, reaching a substantial $16.75 billion within the past 24 hours. Meanwhile, Bitcoin’s market capitalization was established at an impressive $1.20 trillion.

2. Ethereum Price

At the moment of reporting, Ethereum’s price dropped by 3.60% to hit $2,916.58, while its market capitalization amounted to an impressive $350.36 billion. Meanwhile, Ethereum’s trading volume experienced a significant increase of 8.86%, resulting in a total volume of $11.98 billion.

3. Solana Price

Today, the price of Solana dropped below the $150 mark, reaching a new level of $145.26, which represents a 4.86% decrease. Conversely, there was a significant surge in Solana’s trading volume, with a 5.68% rise to reach $2.46 billion over the past 24 hours.

4. XRP Price

During the bearish market trend, the XRP price hovered around the $0.50 level. The price experienced a decrease of 2.63%, resulting in a new low at $0.5045. In contrast, there was a notable increase of 7.76% in XRP’s trading volume, amounting to $1.04 billion.

5. Cardano Price

As an analyst, I’d rephrase it as follows: Today, the price of Cardano crypto slipped by 3.94%, reaching a value of $0.4464. At the same time, there was a notable increase of 0.52% in ADA‘s 24-hour trading volume, amounting to $300.69 million.

6. Dogecoin & Shiba Inu Price

As a crypto investor, I’ve observed that Dogecoin’s value decreased by 4.09%, landing it at $0.1445. On the other hand, Shiba Inu experienced a decline of 3.31% and was priced at $0.00002259 on the market.