Crypto Prices Today May 8: Bitcoin, Ethereum, XRP Drop As Ethena Shines

The top crypto prices today registered further declines as the Bitcoin (BTC) price extended lower than the $63,000 level. Furthermore, the Ethereum (ETH) price geared up to drop below the $3,000 mark amid the bearish downturn. In addition, other top altcoins, such as Solana (SOL), XRP and (ADA) also witnessed a plunge.

Major Crypto Prices Today

1. Bitcoin Price

The Bitcoin price was down by 1.54% reaching $62,419.06 at the time of writing on Wednesday, May 8. On the other hand, it’s trading volume plummeted 16.14% to $25.42 billion in the last 24 hours. Whilst, the crypto’s market capitalization dipped to $1.22 trillion.

2. Ethereum Price

The Ethereum price dropped 2.65% to $3,065.74 at press time with a market valuation of $368.29 billion. Whilst, ETH saw its trading volume spike 66.20%, reaching $13.78 billion.

3. Solana Price

The Solana price recovered significantly and sustained the $150 level today. The Solana price surged 4.54%, settling at $155.02. In contrast, SOL witnessed a 116.38% jump in trade volume to $3.24 billion in the last 24 hours.

4. XRP Price

Whilst, the XRP price held above the $0.53 mark. The XRP price recorded a gain of 0.79%, reaching $0.5377. On the other hand, XRP’s trading volume soared by a staggering 240.29% to $1.84 billion.

5. Cardano Price

Meanwhile, the Cardano crypto price was down 2.06% to $0.4495 today. Whilst, ADA recorded a surge of 65.46% in its 24-hour trading volume, settling at $368.81 million.

6. Dogecoin & Shiba Inu Price

The Dogecoin price slipped 3.97% to $0.156 while its rival, Shiba Inu price lost 4.34% and traded at $0.00002371=

Also Read: Crypto Price Prediction: AI Tokens Capitalize on Market Optimism as $BTC Breaks $65K

Top Crypto Gainers Today

• Ethena (ENA): The Ethena crypto price rose 3.46% to $0.9048.
• Tron (TRX): The Tron crypto surged 2.42% and traded at $0.1215.
• Lido DAO (LDO): The Lido DAO crypto surged 2.40% and traded at $1.97.
• UNUS SED LEO (LEO): The LEO crypto price rose 1.77% to $5.89.

Top Crypto Losers Today

• Bonk (BONK): The Bonk price lost 6.95%% to $0.00002501.
• Conflux (CFX): The CFX price dipped 6.43% to $0.2142.
• FLOKI (Floki): The Floki crypto dropped 6.37% to $0.0001793.
• Optimism (OP): The OP price was down 6.14% to $2.73.

JasmyCoin (,JASMY), Avalanche (AVAX) and Jupiter (JUP) also made it to the top crypto losers list today.

Also Read: Bitcoin Price: What’s Behind The Current BTC Price Surge

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