Cryptocurrency Price on May 17: Bitcoin above $66.2K; Chainlink, Polkadot rise up to 15%
crypto tokens was mixed. Bitcoin, Solana, Cardano, Polkadot, and Avalanche saw gains of up to 4%. However, Ethereum, BNB, Toncoin, Dogecoin, Tron, and Shiba Inu experienced losses of up to 3%.
Meanwhile, the global cryptocurrency market cap declined by 0.29% to around $2.38 trillion in the last 24 hours.
Bitcoin was up 0.3% at $66,252 as of 12:42 p.m., while Ethereum was down 1% at $2,993.
«Bitcoin is currently trading around $66,000. BTC is consolidating its gains with some participants booking profits and may take some time before attempting another rise. If the bulls remain active today, the price could increase over the weekend. The support lies at $65,150,» said Edul Patel, CEO of Mudrex.
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View Details»Among the altcoins, Chainlink showed remarkable performance in today's trading session, surging by 15%.
The collaboration between the Depository Trust and Clearing Corporation (DTCC) in the US, along with Chainlink and major US banks, completed a successful pilot to expedite the tokenization of funds. Parth Chaturvedi, Investments Head at
