Crypto Prices Today May 14: Bitcoin Crosses $62K, Ethereum & Altcoins Mirror Sentiment

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As a researcher with a background in cryptocurrencies, I have been closely monitoring the market trends for quite some time now. Today’s crypto prices have shown a remarkable rebound, with Bitcoin (BTC) extending its price above $62,000 and Ethereum (ETH) sustaining the $2,900 level. The top altcoins like Solana (SOL), XRP, Cardano (ADA), and even Dogecoin and Shiba Inu, have also noted significant upticks.

The prices of the leading cryptocurrencies bounced back today. Bitcoin (BTC) surpassed $62,000, while Ethereum (ETH) saw considerable growth and maintained its position above $2,900. Furthermore, notable increases were observed in other prominent altcoins like Solana (SOL), XRP, and Cardano (ADA).

Major Crypto Prices Today

1. Bitcoin Price

As a researcher, I’ve discovered that the price of Bitcoin surged by 2.57 percent, touching a new high of $62,487.50 on May 14, Tuesday. Furthermore, its trading volume experienced a significant increase of 65.26 percent, reaching an impressive $27.70 billion within the last 24 hours. Notably, Bitcoin’s market capitalization stood tall at an astounding $1.23 trillion.

2. Ethereum Price

At the moment of reporting, Ethereum’s price decreased by 1.29% to hit $2,887.12, while its market capitalization amounted to an impressive $346.80 billion. Notably, ETH‘s trading volume experienced a significant surge, reaching an impressive $7.93 billion – a 27.08% increase.

3. Solana Price

The price of Solana dropped below the $140 mark today, reaching a new level of $138.97. This represented a 5.33% decrease from its previous value. Conversely, there was a significant surge in SOL‘s trading volume, amounting to $1.36 billion during the last 24 hours, which represents a 33.58% increase.

4. XRP Price

As a crypto investor, I’ve noticed that the XRP price took a hit and dipped below the $0.50 mark during this bearish market trend. Specifically, the price dropped by 2.97%, reaching a low of $0.4926. However, despite the price decrease, there was a significant increase in trading activity for XRP. The volume surged by an impressive 51.14% to reach a total of $608.99 million.

5. Cardano Price

Concurrently, the price of Cardano crypto decreased by 3.15% to reach $0.4272 today. Simultaneously, ADA experienced a significant surge in its trading volume, amounting to $202.22 million, an increase of 15.34%.

6. Dogecoin & Shiba Inu Price

The price of Dogecoin decreased by 4.50%, landing at $0.1357, whereas Shiba Inu experienced a decline of 3.17% and was priced at $0.00002178.

Top Crypto Gainers Today

    Core (CORE): The Core price rose 1.69% to $1.65.
    UNUS SED LEO (LEO): The LEO crypto was up 0.04% and traded at $5.95.
    Due to the ongoing bearish trend, there were no other gainers today.

Top Crypto Losers Today

    Immutable (IMX): The IMX price lost 9.26%% to $2.05.
    Bittensor (TAO): The Bittensor price dipped 8.71% to $347.09.
    Wormhole (W): The Wormhole crypto price was down 8.40% to $0.5477.
    Pendle (PENDLE): The PENDLE price slipped 8.05% to $4.03.

In today’s cryptocurrency market, Dogecoin (WIF), Akash Network (AKT), Arweave (AR), and Fetch.ai (FET) were among the coins that experienced significant price declines.

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2024-05-14 08:12