On May 16, 2025, the cryptocurrency market displayed mixed movements, with several major assets gaining and others experiencing declines.
Market Trends
By May 16, 2025, the cryptocurrency market showcased ambiguous movements, as per data from CoinMarketCap.
Price Changes of Major Cryptocurrencies
As of May 16, 2025, Bitcoin (BTC) rose by 1.43% to $103,883.04, while Ethereum (ETH) gained 0.59% to $2,588.93. At the same time, XRP (XRP) dropped by 3.33%, trading at $2.41. Other notable declines include Dogecoin (DOGE) down by 0.97% to $0.2255 and Solana (SOL) down by 0.63% to $172.08. The largest gainer over the past 24 hours was Story (IP), which rose 12.29%, while the largest loser was dogwifhat (WIF), which dropped 5.25%.
New Cryptocurrencies on the Market
Several new cryptocurrencies were listed on CoinMarketCap within the past 24 hours, including: VELAAI (VELAAI) at $0.8516, Optimus (OPTIMUS) at $0.0113908, and TFNY (TFNY) at $0.004414. Other newly introduced assets include Izzy (IZZY), Gasspas (GASS), MuxyAI (MAI), among others.
The cryptocurrency market continues to demonstrate volatility with notable price changes among various assets and the introduction of new coins.
