Home > Information news > Crypto Prices Today May 16: Bitcoin Surpasses $65K, Ethereum Gains, Floki Grabs Spotlight

Crypto Prices Today May 16: Bitcoin Surpasses $65K, Ethereum Gains, Floki Grabs Spotlight

Release: 2024/05/16 14:03 Reading: 714

Original author:Coingape News Media

Original source:https://coingape.com/?p=197166

Crypto Prices Today May 16: Bitcoin Surpasses $65K, Ethereum Gains, Floki Grabs Spotlight

The top crypto prices today rallied after the encouraging U.S. CPI data was released on Wednesday, May 15. The Bitcoin (BTC) price surged past the $65,000 mark. Moreover, the Ethereum (ETH) price regained the $3,000 level. In addition, other top altcoins, such as Solana (SOL), XRP, and Cardano (ADA), also recorded significant gains.

Major Crypto Prices Today

  1. Bitcoin Price

The Bitcoin price soared 6.38%, reaching $65,835.21 at the time of writing on Thursday, May 16. On the other hand, its trading volume spiked 59.83% to $41.96 billion in the last 24 hours. Meanwhile, the crypto's market capitalization stood at $1.29 trillion.

  1. Ethereum Price

The Ethereum price dipped 1.12% to $2,905.97 at press time with a market valuation of $346.58 billion. Meanwhile, ETH saw its trading volume fall 1.14%, reaching $12.09 billion.

  1. Solana Price

The Solana price distanced itself from the $150 level amid the declines today. The Solana price slumped 2.68%, settling at $143.90. In contrast, SOL witnessed a 6.75% hike in trade volume to $2.47 billion in the last 24 hours.

  1. XRP Price

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