Today’s Cryptocurrency Prices in India (May 15): Check Global Market Cap of Bitcoin BTC, Ethereum, Doge, Solana, Litecoin, Ripple XRP, Dogecoin, Sui, PEPE – Gain or Lose?
Bitcoin and Ethereum have seen some stability following a week of slump, with Bitcoin regaining the $27,000 mark and Ethereum remaining above $1,800. Other popular altcoins, including Dogecoin, Ripple, Litecoin, and Solana, have also seen minor gains across the board. The global crypto market cap stood at $1.14tn at the time of writing, registering a 24-hour gain of 1.25%. The top gainer over the past 24 hours was Sui, with a 12.50% loss, while Pepe was the top loser with a 24-hour dip of nearly 8%.
Mudrex co-founder and CEO Edul Patel said that Bitcoin has managed to make a slight recovery in the past 24 hours, following a downward trend the last week, although it remains over 10% down since May 5 attributed to profit-taking, low liquidity and market uncertainties. Ethereum is changing hands near $1,800, relatively unchanged since early Saturday. Sathvik Vishwanath, CEO and co-founder of Unocoin, said that if Bitcoin stays above $26,000, there is a good chance of an upside move towards $27,800 or $27,500.
Shivam Thakral, the CEO of BuyUCoin, said that the current uptick in the crypto market is mainly due to encouraging macro factors and under-control inflation. However, readers are warned that crypto products and NFTs are unregulated and can be highly risky. Cryptocurrency is not a legal tender and is subject to market risks. Cryptocurrency market predictions are speculative, and any investment made shall be at the sole cost and risk of the readers.