Bitcoin price today May 12: Recovering to the 61,000 USD mark

According to Coindesk data, updated as of May 12, Bitcoin price traded at 61,032.94 USD/BTC, up 0.39% in the past 24 hours. The liquidity of the cryptocurrency with the largest market capitalization is at 28.61 billion USD, down 53.21% compared to May 11. Bitcoin's market capitalization reached 1,200 billion USD, accounting for 52.17% of the total capitalization of the cryptocurrency market.

Photo: Coin Desk

The entire market capitalization recorded at 11:50 was 2,307.93 billion USD, an increase of 0.43% compared to 24 hours ago.

It is known that ETH is trending up 0.55%, trading at 2,925.92 USD/ETH. Accordingly, a series of other cryptocurrencies also tended to increase in the past 24 hours. XRP and SOL - other popular cryptocurrencies - are on a recovery trend.

At 11:45, among the 10 cryptocurrencies with the largest market capitalization, 9 were on an upward trend compared to the previous 24 hours. Accordingly, DOGE is the only coin with a downtrend at 0.14%.

Kareem Winters

Update 12 May 2024