Bitcoin’s Price Falls to $61K, Ethereum Declines, Cardano Breaks Market Trend

Harry

1 week ago at May 9, 2024 | 4:58 am UTC

ADA, AVAX, Bitcoin, BTC, ETH, Ethereum, Industry Analysis, LINK, Market Analysis, News, SOL, TRX, XRP

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The cryptocurrency market saw a downward trend today, with Bitcoin (BTC) slipping below $62,000 and Ethereum (ETH) falling under $3,000. Other major altcoins like Solana (SOL) and XRP also experienced losses, but Cardano (ADA) stood out by defying the negative trend.

Latest Crypto Prices

1. Bitcoin Price

Bitcoin’s price decreased by 1.54%, hitting $62,419.06. The trading volume also dropped by 16.14% to $25.42 billion in the last 24 hours, and the market cap fell to $1.22 trillion.

2. Ethereum Price

Ethereum’s price fell by 1.56% to $3,017.56, with a market valuation of $362.40 billion. The trading volume also saw a 16.74% decline, reaching $11.48 billion

3. Solana Price

Today, Solana’s price dropped below $150, settling at $147.04, with a trade volume decrease of 21.94% to $2.53 billion in the past 24 hours.

4. XRP Price

XRP’s price slid below $0.53, at $0.5216, down 2.96%. The trading volume also decreased by 36.69% to $1.16 billion.

5. Cardano Price

Cardano’s price fell by 1.70% to $0.4418, with a 19.24% decrease in trading volume to $297.88 million.

6. Dogecoin & Shiba Inu Price

Dogecoin dropped by 4% to $0.1498, while Shiba Inu fell by 3% to $0.000023.

Top Gainers

• Ethena (ENA): Increased by 3.46% to $0.9048
• Tron (TRX): Surged by 2.42% to $0.1215
• Lido DAO (LDO): Gained 2.40% to reach $1.97
• UNUS SED LEO (LEO): Rose by 1.77% to $5.89

Top Losers

• Dogwifhat (WIF): Decrease of 11.95% to $2.93
• Aakash Network (AKT): Plummeted by 8.48% to $4.45
• Arweave (AR): Dropped by 8.38% to $37.73
• Helium (HNT): Fell by 8.27% to $4.93

Other cryptocurrencies like JasmyCoin (JASMY), Avalanche (AVAX), and Jupiter (JUP) also faced losses today.

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