Crypto market is bleeding and volume is falling: Cardano and Tron are still rising sharply

Today we have some major coins from the crypto market that are holding up or even rising significantly. However, the vast majority of altcoins continue to bleed. May remains a tough month for the market so far and trading volumes continue to decline. The total market capitalization of crypto drops 0.5% to $1.171 trillion.

Bitcoin price stuck below $27,000

Bitcoin (BTC) is holding up a little stronger than most altcoins today, but also turning red and hovering below $27,000. Volatility seems to be just around the corner, but more and more analysts seem to fear a decline.

Despite this, long-term investors are still holding on to their BTC, and that’s a very good thing bullish sign for the long term. With a price of $28,865, bitcoin is down 0.7% today.

Ethereum back at the same price

Ethereum (ETH) is once again recovering stronger than bitcoin this morning, despite the price being less volatile lately. ETH briefly dipped to $1,790 but has since recovered to $1,817, the same price as 24 hours ago.

Crypto top 10 in the red again

Binance coin (BNB) is also recovering this morning, but is still down 0.7% today at $308.7. Ripple (XRP) seems to find support again at $0.46, but is already down 1.7% at $0.462. Dogecoin (DOGE) is down 1.8% today at $0.072. Litecoin (LTC) is also 1.8% in the red and ends at $91.3. Polygon (MATIC) is down 1.9% to $0.86. However, Solana (SOL) is suffering the most, falling 2.2% to $19.85.

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Cardano is skyrocketing this morning

Still, we have two green exceptions at the top today. The first is cardano (ADA), which just spiked all the way to $0.374. The price is currently holding at $0.37 and is therefore up 1.5% today.

Tron is the big winner of the day

Then we have the big highlight of the day: tron ​​(TRX). The TRX price already made a big jump yesterday afternoon and again this morning. TRX shoots to $0.0779 through a short squeeze and is up no less than 7.5% today.

Pepe also continues to bleed

On the other hand, however, we have enough red prices in the top 100 today. The biggest losers are two newcomers: sui (SUI) and again pepe (PEPE). Both rates are down 7.5% today.

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