Cryptocurrency Price Today (May 12): Bitcoin Remains Above $103k, PI Becomes Top Gainer

Bitcoin (BTC), the world’s oldest and most valued crypto, managed to remain above the $103,000 mark early Monday. Other popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — saw a mix of minor gains and dips across the board as the overall Market Fear & Greed Index stood at 73 (Greed) out of 100, as per CoinMarketCap data. The PI token became the biggest gainer, with a 24-hour jump of nearly 31 percent. Optimism (OP) turned out to be the biggest loser today, with a 24-hour dip of nearly 5 percent. 

The global crypto market cap stood at $3.34 trillion at the time of writing, registering a 24-hour dip of 0.15 percent.

Bitcoin (BTC) Price Today

Bitcoin price stood at $103,984.16, registering a 24-hour dip of 0.17 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 87.97 lakh.

Ethereum (ETH) Price Today

ETH price stood at $2,522.60, marking a 24-hour loss of 0.72 percent at the time of writing. Ethereum price in India stood at Rs 2.13 lakh.

Dogecoin (DOGE) Price Today

DOGE registered a 24-hour dip of 1.18 percent, as per CoinMarketCap data, currently priced at $0.2438. Dogecoin price in India stood at Rs 20.63.

Litecoin (LTC) Price Today

Litecoin saw a 24-hour dip of 2.40 percent. At the time of writing, it was trading at $101.60. LTC price in India stood at Rs 8,599.48.

Ripple (XRP) Price Today

XRP price stood at $2.40, seeing a 24-hour loss of 0.36 percent. Ripple price in India stood at Rs 203.49.

Solana (SOL) Price Today

Solana price stood at $175.74, marking a 24-hour dip of 0.68 percent. SOL price in India stood at Rs 14,724.39. 

Top Crypto Gainers Today (May 12)

As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:

Pi (PI)

Price: $1.27
24-hour gain: 30.89 percent

dogwifhat (WIF)

Price: $1.13
24-hour gain: 24.90 percent

Kaspa (KAS)

Price: $0.1231
24-hour gain: 15.44 percent

Four (FORM)

Price: $2.75
24-hour gain: 14.07 percent

Floki (FLOKI)

Price: $0.0001157
24-hour gain: 10.29 percent

Top Crypto Losers Today (May 12)

As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:

Optimism (OP)

Price: $0.8705
24-hour loss: 4.71 percent

Curve DAO Token (CRV)

Price: $0.7809
24-hour loss: 4.61 percent

Arbitrum (ARB)

Price: $0.4591
24-hour loss: 4.50 percent

Theta Network (THETA)

Price: $1.01
24-hour loss: 4.44 percent

POL (POL)

Price: $0.2578
24-hour loss: 3.96 percent

What Crypto Exchanges Are Saying About Current Market Scenario

Alankar Saxena, CTO and co-founder, Mudrex, told ABP Live, “Bitcoin is trading above $104,000 as the markets remain optimistic about the US-China trade deal. With the RSI holding above 70, the asset is showing strong bullish momentum at current levels. Additionally, On-chain data reveals nearly 350,000 new BTC wallets created in a day, indicating rising retail interest and fresh liquidity. Bitcoin now faces resistance at $105,100 with support at 102,200. Meanwhile, Ethereum holds strong above $2500 after a strong rally, as Whale activity increases in the asset, helping build buying pressure.”

CoinSwitch Markets Desk noted, “Bitcoin surged past the $104K mark yesterday and has held above $100K for three straight days, fueled by President Trump’s announcement of a “total reset” in U.S.-China trade relations after high level talks in Geneva. Institutional demand for BTC continued as BTC ETFs recorded $1 billion in inflows last week. The total crypto market cap climbed to $3.49 trillion, its highest level since February. However, with the Relative Strength Index (RSI) entering overbought territory, a short-term correction or consolidation could be on the horizon. Among altcoins, Ethereum rose 8% over the weekend, and BNB touched $672, its highest since March.”

Avinash Shekhar, Co-founder & CEO, Pi42, said, “The recent resurgence in Ethereum and altcoins signals a definitive shift in market sentiment, hinting at the early stages of an altcoin season. With Ethereum gaining nearly 40% weekly—driven by macro tailwinds and the Pectra upgrade—and DOGE leading the charge among large-cap alts, investor appetite is clearly broadening beyond Bitcoin. While BTC maintains its momentum above $100K, its declining dominance reflects a redistribution of capital across the crypto ecosystem. At Pi42, we view this diversification as a healthy market dynamic, underscoring growing confidence in decentralized technologies and broader use cases beyond just store-of-value.” 

Shivam Thakral, CEO of BuyUcoin, said, “The positive developments surrounding the trade talks between the US and China have improved market sentiment, increasing buying interest in risk assets like cryptocurrencies. If the trade deal leads to reduced tariffs and improved global trade, increased corporate profits and overall liquidity in the financial markets could spill over into the cryptocurrency market. Bitcoin witnessed its best performance since January by surging above the $104,000 mark pushing the overall crypto market higher. We can expect this bullish momentum to continue owing to favorable macro-economic factors.” 

CoinDCX Research Team noted, “The crypto markets remained under bullish influence during the past weekend, which offered enough momentum to the other altcoins. While Bitcoin marked highs above $105K, Ethereum surged above $2500. The different tokens, like XRP, Solana, Litecoin, etc., rise above their respective resistance, hinting towards the growing strength of the bulls. Pi's price surged by over 50% to become the top gainer for the day, followed by dogwifhat, Four, and Pepe by 15%, 12%, and 10%. Meanwhile, some losers include Arbitrum, Optimism, and Immutable, with losses between 6% to 8%. With this, the market capitalization climbed above $3.34 trillion, and the volume dropped marginally by more than 10%.”

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Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Cryptocurrency is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Cryptocurrency market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.

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