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Bitcoin Price Soars Past $65,000, Ethereum Rises, Floki Coin Emerges as New Star

Exciting news in the world of cryptocurrencies today! The latest U.S. CPI data release on Wednesday, May 15, caused a surge in top crypto prices. Bitcoin (BTC) crossed the $65,000 mark, while Ethereum (ETH) climbed back above $3,000. Not to be left behind, other leading altcoins like Solana (SOL), XRP, and Cardano (ADA) also saw impressive gains.

Exciting Developments in the Crypto Market

1. Bitcoin Price

Crypto Prices Today
Source: CoinMarketCap

The price of Bitcoin surged by 6.38%, surpassing $65,000 to reach $65,835.21 today. The trading volume also witnessed a significant spike of 59.83%, totaling $41.96 billion over the last 24 hours. Bitcoin’s market capitalization now stands at a whopping $1.29 trillion.

2. Ethereum Price

Source: CoinMarketCap

Ethereum’s price rallied by 3.69% to $3,009.62, with a market valuation of $361.51 billion. The trading volume also saw a healthy increase of 29.61%, reaching $15.57 billion.

3. Solana Price

Solana’s price made a comeback, surpassing $160 and demonstrating strong bullish momentum. It climbed by 13.33% to settle at $143.90, accompanied by a substantial 70.42% surge in trade volume, amounting to $4.22 billion in the past 24 hours.

4. XRP Price

XRP edged closer to the $0.52 mark once again, with a 3.24% increase, reaching $0.5185. The trading volume for XRP also saw a notable 11.78% rise, standing at $1.19 billion.

5. Cardano Price

Cardano’s price surged by 7.05% to reach $0.4595 today, while its 24-hour trading volume increased by 37.57%, settling at $400.18 million.

6. Dogecoin & Shiba Inu Price

Dogecoin price soared by 7.14% to $0.1565, and Shiba Inu price also rocketed by 8.73%, trading at $0.00002509.

Exciting Crypto Movers Today

  • Floki (FLOKI): The price of Floki surged by 10.77% to trade at $0.0002158.
  • Pepe Coin (PEPE): PEPE’s price soared by 6.10% to $0.00001141.
  • Arweave (AR): AR’s price rallied by 4.90% to $41.22.
  • Wormhole (W): Wormhole’s price rose by 2.88% to $0.5436

Top Crypto Decliners Today

  • Worldcoin (WLD): WLD’s price dropped by 9.30% to $4.79.
  • Ethena (ENA): ENA’s price slumped by 6.98% to $0.7021.
  • Celestia (TIA): TIA’s price dipped by 6.77% to $8.19.
  • Dogwifhat (WIF): WIF’s price slipped by 5.98% to $2.92.

THORChain (RUNE) and Bonk (BONK) also witnessed significant gains today. Additionally, the latest U.S. Labor Department data revealed a 0.3% increase in the U.S. Consumer Price Index (CPI) for April, which was slightly below the market’s expectations of 0.4%. This news, in turn, propelled Bitcoin’s price from $62,000 to over $65,000.

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