Bitcoin Price Update May 8: Slight Adjustment Trading Around 62,600 USD

According to Coindesk data, updated as of 11:35 a.m. on May 8, Bitcoin price traded at 62,624.90 USD/BTC, down 1.15% in the past 24 hours. The liquidity of the cryptocurrency with the largest market capitalization is at 52.75 billion USD, down 24.4% compared to May 7. Bitcoin's market capitalization reached 1,240 billion USD, accounting for 52.50% of the total capitalization of the cryptocurrency market.

Key Details About Bitcoin Price Today

Photo: Coin Desk

The entire market capitalization recorded at 11:45 a.m. was 2,354.87 billion USD, down 1.33% compared to 24 hours ago.

ETH is trending down 1.37%, trading at 3,015.17 USD/ETH. Accordingly, a series of other cryptocurrencies also tended to adjust in the past 24 hours. BNB and DOGE - other popular cryptocurrencies - are trending down.

At 11:40, among the 10 cryptocurrencies with the largest market capitalization, 8 were on a downward trend compared to the previous 24 hours. Accordingly, SOL is the coin with the largest decreasing trend at 4.58%.