Cryptocurrency News

Price analysis 5/9: BTC, ETH, BNB, XRP, SOL, ADA, LUNA, DOGE, AVAX, DOT

2022.05.09 21:51

Price analysis 5/9: BTC, ETH, BNB, XRP, SOL, ADA, LUNA, DOGE, AVAX, DOT
Price analysis 5/9: BTC, ETH, BNB, XRP, SOL, ADA, LUNA, DOGE, AVAX, DOT

Global equity markets extended their decline on May 9 and the S&P 500 fell to a new 52-week low. Bitcoin (BTC) dropped to a new year-to-date low and most major altcoins extended their decline as they tracked the weakness in the stock markets.

Data from blockchain analytics firm Glassnode shows that Bitcoin inflows to centralized exchanges have risen to more than 1.7 million coins, the highest since February. This suggests that whales may be dumping their holdings as they anticipate an extended downtrend.

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bitcoin
Bitcoin (BTC) $ 96,697.91 1.48%
ethereum
Ethereum (ETH) $ 2,767.72 4.89%
xrp
XRP (XRP) $ 2.58 1.69%
tether
Tether (USDT) $ 1.00 0.09%
bnb
BNB (BNB) $ 670.17 3.96%
solana
Solana (SOL) $ 173.18 2.98%
usd-coin
USDC (USDC) $ 1.00 0.01%
dogecoin
Dogecoin (DOGE) $ 0.246937 4.18%
cardano
Cardano (ADA) $ 0.778595 3.16%
staked-ether
Lido Staked Ether (STETH) $ 2,756.59 4.64%
tron
TRON (TRX) $ 0.236636 0.11%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 96,601.88 1.43%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,316.19 5.43%
chainlink
Chainlink (LINK) $ 17.80 3.25%
avalanche-2
Avalanche (AVAX) $ 25.95 7.70%
sui
Sui (SUI) $ 3.41 4.86%
stellar
Stellar (XLM) $ 0.335517 3.83%
litecoin
Litecoin (LTC) $ 126.83 0.56%
shiba-inu
Shiba Inu (SHIB) $ 0.000016 5.32%
the-open-network
Toncoin (TON) $ 3.70 4.47%
hedera-hashgraph
Hedera (HBAR) $ 0.217426 4.22%
leo-token
LEO Token (LEO) $ 9.74 0.11%
usds
USDS (USDS) $ 1.00 0.05%
hyperliquid
Hyperliquid (HYPE) $ 24.88 0.47%
polkadot
Polkadot (DOT) $ 5.07 0.63%
weth
WETH (WETH) $ 2,768.49 4.78%
mantra-dao
MANTRA (OM) $ 7.60 0.10%
bitcoin-cash
Bitcoin Cash (BCH) $ 321.39 3.03%
bitget-token
Bitget Token (BGB) $ 4.93 5.16%
ethena-usde
Ethena USDe (USDE) $ 0.999734 0.24%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,933.04 4.92%
uniswap
Uniswap (UNI) $ 9.01 4.15%
monero
Monero (XMR) $ 235.14 2.31%
near
NEAR Protocol (NEAR) $ 3.47 6.76%
pepe
Pepe (PEPE) $ 0.00001 6.16%
whitebit
WhiteBIT Coin (WBT) $ 27.48 0.91%
aave
Aave (AAVE) $ 247.95 3.34%
ondo-finance
Ondo (ONDO) $ 1.17 4.20%
bittensor
Bittensor (TAO) $ 432.05 1.06%
aptos
Aptos (APT) $ 6.06 1.11%
internet-computer
Internet Computer (ICP) $ 7.19 4.53%
dai
Dai (DAI) $ 1.00 0.04%
official-trump
Official Trump (TRUMP) $ 16.51 4.31%
ethereum-classic
Ethereum Classic (ETC) $ 20.51 2.47%
tokenize-xchange
Tokenize Xchange (TKX) $ 37.93 0.84%
mantle
Mantle (MNT) $ 0.897466 1.09%
okb
OKB (OKB) $ 49.51 1.73%
gatechain-token
Gate (GT) $ 23.40 3.07%
susds
sUSDS (SUSDS) $ 1.04 0.19%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 96,736.92 1.45%