Crypto Prices Today May 20: Bitcoin & Ethereum Remain Steady As Top Altcoins Dip - August 2024

As a researcher with a background in cryptocurrencies, I find today’s market sentiment intriguing. The top crypto prices show a mixed bag of results, with Bitcoin and Ethereum maintaining their positions above significant price levels. Bitcoin’s price holding steady above $67,000 is a positive sign for the world’s largest cryptocurrency, while Ethereum’s surge above $3,100 is an encouraging development.

As a researcher studying the cryptocurrency market today, I’ve observed a varied mood among the leading crypto prices. Bitcoin (BTC) has maintained its position above $67,000, demonstrating resilience in the face of market fluctuations. Ethereum (ETH), on the other hand, has continued to trade above the $3,100 mark during this sideways trend. Among the top altcoins, Solana (SOL) has experienced notable growth, while XRP and Cardano (ADA) have taken a significant hit in price.

Major Crypto Prices Today

1. Bitcoin Price

As an analyst, I’ve observed that the Bitcoin price experienced a modest increase of 0.06%, touching a value of $67,169.93 on May 20, Monday. In contrast, the trading volume saw a significant surge by 34.02% to reach a notable level of $21.33 billion within the past 24 hours. Simultaneously, the market capitalization for Bitcoin remained substantial at $1.32 trillion.

2. Ethereum Price

At the moment of reporting, Ethereum’s price experienced a robust increase of 5.18%, reaching $3,109.70. The market capitalization of Ethereum stood firm at an impressive value of $373.42 billion. Notably, Ethereum’s trading volume surged significantly by 21.91% to a substantial level of $14.82 billion.

3. Solana Price

Today marks a significant achievement for Solana as its price broke through the $170 barrier, reaching a new high of $172.65, an increase of 6.34%. Simultaneously, there was a substantial rise in Solana’s trading activity with a notable surge of 9.76%, resulting in a total trade volume of $3.40 billion over the past 24 hours.

4. XRP Price

As the XRP price surpassed the $0.52 threshold once more, it experienced a gain of 1.21%, resulting in a value of $0.5238. Conversely, there was a decrease of 13.79% in XRP’s trading volume, bringing it down to $943.78 million.

5. Cardano Price

As a researcher, I’ve observed an uptick in the Cardano crypto market today. The price has surged by 4.16%, reaching a value of $0.4838. Additionally, there has been significant trading activity for ADA, resulting in a substantial increase of 16.67% in its 24-hour trading volume. This volume amounted to an impressive figure of $421.30 million.

6. Dogecoin & Shiba Inu Price

The price of Dogecoin increased by 3.75 percent and reached $0.1557, whereas Shiba Inu experienced a rise of 2.25 percent and was priced at $0.00002491 on the market.