Cryptocurrency News

Price analysis 5/16: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB

05/16/2022

Less than a minute

2022.05.16 23:41

Price analysis 5/16: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB

The selling in Bitcoin (BTC) is showing no sign of abating and Bitcoin has fallen for seven straight weeks for the first time ever. This indicates that the momentum remains strongly in favor of the bears.

While the short-term sentiment remains bearish, institutional traders seem to be taking a longer-term approach on cryptocurrencies. Goldman Sachs (NYSE:GS) and Barclays (LON:BARC) joined several other institutional investors in a $70 million Series A funding round by institutional trading platform Elwood Technologies.

Coin360

05/16/2022

Less than a minute

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Bitcoin (BTC) $ 103,064.61 1.41%

Ethereum (ETH) $ 3,294.03 2.28%

XRP (XRP) $ 3.13 6.18%

Tether (USDT) $ 0.999891 0.02%

Solana (SOL) $ 234.19 10.10%

BNB (BNB) $ 700.03 2.35%

Dogecoin (DOGE) $ 0.399071 3.02%

USDC (USDC) $ 1.00 0.00%

Cardano (ADA) $ 1.07 4.82%

Lido Staked Ether (STETH) $ 3,292.13 2.24%

TRON (TRX) $ 0.241906 1.30%

Avalanche (AVAX) $ 39.70 3.37%

Chainlink (LINK) $ 23.85 0.88%

Sui (SUI) $ 4.70 2.67%

Stellar (XLM) $ 0.462198 6.28%

Wrapped stETH (WSTETH) $ 3,945.92 1.53%

hedera-hashgraph

Hedera (HBAR) $ 0.354058 7.92%

Shiba Inu (SHIB) $ 0.000023 0.57%

wrapped-bitcoin

Wrapped Bitcoin (WBTC) $ 103,034.61 1.74%

the-open-network

Toncoin (TON) $ 5.36 2.82%

Polkadot (DOT) $ 7.07 4.08%

WETH (WETH) $ 3,296.26 2.19%

Litecoin (LTC) $ 127.03 9.65%

Bitcoin Cash (BCH) $ 467.49 2.67%

LEO Token (LEO) $ 9.76 0.02%

Uniswap (UNI) $ 14.18 3.99%

Bitget Token (BGB) $ 6.99 0.22%

Pepe (PEPE) $ 0.000019 1.66%

Hyperliquid (HYPE) $ 22.28 5.87%

Wrapped eETH (WEETH) $ 3,489.79 2.19%

USDS (USDS) $ 0.999737 0.23%

NEAR Protocol (NEAR) $ 5.43 0.74%

Ethena USDe (USDE) $ 0.999691 0.09%

Aptos (APT) $ 9.29 2.47%

internet-computer

Internet Computer (ICP) $ 10.62 5.98%

Aave (AAVE) $ 315.31 1.71%

VeChain (VET) $ 0.052124 8.72%

Monero (XMR) $ 220.25 1.01%

polygon-ecosystem-token

POL (ex-MATIC) (POL) $ 0.47872 3.48%

Ethereum Classic (ETC) $ 26.78 4.03%

Render (RENDER) $ 7.56 1.73%

crypto-com-chain

Cronos (CRO) $ 0.13914 5.21%

Algorand (ALGO) $ 0.443759 8.34%

Bittensor (TAO) $ 452.93 0.49%

Kaspa (KAS) $ 0.143622 2.74%

Mantle (MNT) $ 1.07 5.89%

Dai (DAI) $ 1.00 0.00%

MANTRA (OM) $ 3.71 2.86%

Artificial Superintelligence Alliance (FET) $ 1.33 2.88%

Filecoin (FIL) $ 5.44 7.44%