Cryptocurrencies Stage A Sharp Comeback; Bitcoin, Ethereum Zoom Over 15%

A day after Bitcoin plunged by over 30 percent, the digital currency rose by 19.33 percent to $42,107.19 on May 20, according to cryptocurrency trading app Coindesk.com.

May 20, 2021 / 09:15 PM IST

A sharp fall in cryptocurrency prices was one of the top headlines yesterday. However, on May 20, the crypto assets staged a sharp comeback. At 7 pm, the total market cap of the global crypto market was up 27.61 percent to $1.87 trillion, over the last day, CoinMarketCap data showed. Last few days, crypto assets were falling consistently and panic was seen on May 19, when Bitcoin’s price plunged over 30 percent to break below $31,000 level. Bitcoin, the biggest cryptocurrency by market value, had once recorded an all-time high of $64,829.14, according to CoinDesk. Here’s a look at how top global cryptocurrencies have performed in the last one month.

In the last 24 hours, Bitcoin price was up 17.12% to USD 42,045.18 with a market cap of USD 786.83 billion, as on May 20, 2021, at 7 pm.

Over the last 24 hours, Bitcoin price was up 17.12% to $42,045.18 with a market cap of $786.83 billion, on May 20, 2021, at 7 pm. (1-month performance: Down 24.32 percent)

In the last 24 hours,  Ethereum price was up 21.18% to USD 2,925.27 with a market cap of USD 129.26 billion, as on May 20, 2021, at 7 pm.

Over the last 24 hours,  Ethereum price gained 21.18 percent to $2,925.27 with a market cap of $129.26 billion, on May 20, 2021, at 7 pm. (1-month performance : Up 20.25 percent)

In the last 24 hours,  XRP price was up 7.94% to USD 1.24 with a market cap of USD 123.65 billion, as on May 20, 2021, at 7 pm.

XRP price zoomed 7.94 percent to $1.24 with a market cap of USD 123.65 billion, on May 20, 2021, at 7 pm. (1-month performance : Down 11.16 percent)

In the last 24 hours,  Tether price was up -0.05% to USD 1.00 with a market cap of USD 60.45 billion, as on May 20, 2021, at 7 pm.

Tether was an exception as the price was down -0.05% to $1.00 with a market cap of $ 60.45 billion. (1-month performance : Up 0.22 percent)

In the last 24 hours,  Cardano price was up 25.22% to USD 1.88 with a market cap of USD 60.28 billion, as on May 20, 2021, at 7 pm.

In the last 24 hours,  Cardano price was up 25.22 percent to $1.88 with a market cap of $60.28 billion, on May 20, 2021, at 7 pm. (1-month performance : Up 47.15 percent)

In the last 24 hours,  Stellar price was up 21.39% to USD 0.52 with a market cap of USD 54.89 billion, as on May 20, 2021, at 7 pm.

Stellar’s price shot up 21.39 percent to $0.52 with a market cap of $54.89 billion, on May 20, 2021, at 7 pm. (1-month performance : Up 0.14 percent)

In the last 24 hours,  Chainlink price was up 16.16% to USD 32.00 with a market cap of USD 32 billion, as on May 20, 2021, at 7 pm.

In the last 24 hours,  Chainlink price has risen 16.16 percent to $32.00 with a market cap of $32 billion. (1-month performance: Down 16.50 percent)

In the last 24 hours,  Polkadot price was up 18.53% to USD 29.87 with a market cap of USD 31.67 billion, as on May 20, 2021, at 7 pm.

Polkadot price was up 18.53 percent to $29.87 with a market cap of $31.67 billion. (1-month performance: Down 16.48 percent)

In the last 24 hours,  Uniswap price was up 18.83% to USD 27.67 with a market cap of USD 27.67 billion, as on May 20, 2021, at 7 pm.

In the last 24 hours,  Uniswap price jumped 18.83 percent to $27.67 with a market cap of $27.67 billion, on May 20, 2021, at 7 pm. (1-month performance: Down 21.99 percent)

In the last 24 hours,  XRP price was up -0.05% to USD 1.00 with a market cap of USD 17 billion, as on May 20, 2021, at 7 pm.

In the last 24 hours, USD Coin price was down -0.05 percent to $1.00 with a market cap of $17 billion, on May 20, 2021, at 7 pm. (1-month performance : Up 0.06 percent)

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