CDS Crypto News Crypto News – Exploring the Crypto Market: 20 May Crypto Prices Analysis
Crypto News

Crypto News – Exploring the Crypto Market: 20 May Crypto Prices Analysis

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Crypto News - Exploring The Crypto Market: 20 May Crypto Prices Analysis

Crypto News – How Can Traders Prepare for Changes on 20 May Crypto Prices?

Crypto News – Today’s cryptocurrency prices showed tremendous fluctuation, with Pendle emerging as the biggest gainer. Bitcoin and Ethereum, on the other hand, stayed stable, while several altcoins saw losses. Here’s everything you need to know about crypto prices today:

Bitcoin Price Falls as Volume Rises

As of this writing on Monday, May 20, the price of Bitcoin was down 0.69%, sitting at $67.091. In contrast, during the past day, its trading volume increased by 51.67% to $23.30 billion. A $1.32 trillion market capitalization for Bitcoin was recorded at that time.

Ethereum Price Drops to $3,103

The price of Ether had dropped by 0.62% to $3.103, giving it a $372.76 billion market value. A 40.11% increase in trading volume was observed for ETH, reaching $11.23 billion.

Solana’s Price is About to be 180 Dollars

Today’s notable milestone was reached by the price of Solana as it edged closer to $180. At $177.67, the price of Solana increased by 2.16%. Moreover, on the previous day, SOL‘s trade volume increased by 56.54% to $3.24 billion.

XRP Drops to $0.51 Again

XRP‘s price continued to fall below $0.51 during this period. After declining by 1.17%, the price of XRP came to $0.5141. However, XRP’s trading volume reached $823.25 million, a 73.18% increase in size.

Pendle Price Increased by 10%

During the time of writing on Monday, the Pendle price was up 10.52% to $5.34. Conversely, over the past day, its trading volume increased by 66.12% to $134.47 million.

FAQ

Is Crypto Going Up or Down Today?

With a -0.11% shift in the last 24 hours, the total market capitalization of cryptocurrencies worldwide is now $2.43 trillion.

Why is Pendle Crypto Going Up?

Recent research by AMBCrypto revealed that an increase in the Total Value Locked (TVL) activated PENDLE’s pump. Pendle’s TVL saw an exponential increase from $240 million at the beginning of the year to an astounding nearly $4 billion by April, according to data from DefiLlama.

For more up-to-date crypto news, you can follow Crypto Data Space.

Crypto News - Exploring The Crypto Market: 20 May Crypto Prices Analysis 194347
Written by
lectertodd

Lectertodd is 27 years old. She graduated from Çankaya University, Department of Psychology, in 2021. She actively works as a writer, translator, and editor for various websites. Moreover, she loves reading, researching, and learning new things.

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