Crypto Prices Today May 18: Bitcoin Nears $67K As Ethereum, Solana, XRP Rally

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As a seasoned researcher with extensive experience in the crypto market, I find today’s recovery of top crypto prices to be an intriguing development. The Bitcoin price inching closer to $67,000 and Ethereum surpassing $3,100 are noteworthy signs of a potential bull run. Solana, XRP, Cardano, and other altcoins mirroring the positive sentiment further strengthens this hypothesis.

As a crypto market analyst, I’ve noticed an uptick in prices today. Bitcoin (BTC) is approaching the $67,000 threshold, and my observation reflects in its price movement. Similarly, Ethereum (ETH) has broken through the $3,100 barrier, echoing the optimistic sentiment in the market. Additionally, other leading altcoins like Solana (SOL), XRP, and Cardano (ADA) have followed suit, reflecting a positive trend.

Major Crypto Prices Today

1. Bitcoin Price

As a researcher studying the cryptocurrency market, I’ve observed an increase of 2.21% in Bitcoin’s price, which peaked at $66,903.49 on Saturday, May 18. However, its trading volume took a downturn by 8.66%, amounting to $27.32 billion within the last 24 hours. Meanwhile, Bitcoin’s market capitalization was reportedly $1.31 trillion at that point in time.

2. Ethereum Price

At the moment of reporting, Ethereum’s price decreased by 1.92% to hit $2,949.67, giving it a total market capitalization of $354.32 billion. Simultaneously, ETH‘s trading volume experienced a significant drop of approximately 21.86%, amounting to around $12.15 billion.

3. Solana Price

The Solana price remained above the $160 mark but experienced a slight decrease today, amounting to a 0.25% decline. Consequently, the price closed at $162.13. Furthermore, there was a notable decrease of approximately 26.5% in SOL‘s trading volume over the past day, with a total of $3.10 billion exchanged.

4. XRP Price

The XRP price fell below the $0.52 threshold once more, declining by 0.23% to hit a new low of $0.5175. Simultaneously, the trading volume for XRP took a hit, decreasing by 8.10% to land at $1.09 billion.

5. Cardano Price

Concurrently, the price of Cardano crypto rose by 1.11% to reach $0.4645 today. Simultaneously, ADA experienced a significant decrease of 9.75% in its trading volume within the past 24 hours, amounting to $361.14 million.

6. Dogecoin & Shiba Inu Price

The price of Dogecoin dropped by 4.09%, landing it at $0.15, while Shiba Inu experienced a 2.94% decrease, settling at $0.00002436.

Top Crypto Gainers Today

    Chainlink (LINK): The Chainlink crypto price surged 13.25% and traded at $15.78.
    Immutable (IMX): The Immutable price soared 6.72% to $2.50.
    Arweave (AR): The AR price rallied 5.77% to $46.21.
    Hedera (HBAR): The HBAR price rose 3.47% to $0.1136.

Top Crypto Losers Today

    Book Of Meme (BOME): The BOME crypto price slipped 9.45% to $0.01149.
    Stacks (STX): The STX price lost 8.16% to $1.97.
    Wormhole (W): The W crypto price slumped 5.25% to $0.5353.
    Ethena (ENA): The Ethena price dipped 4.93% to $0.6919.

These cryptocurrencies – Polygon (MATIC), Sui (SUI), and Fantom (FTM) – experienced notable gains today. Yet, the overall cryptocurrency market continued to exhibit a downward trend.

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2024-05-18 08:06