Cryptocurrency prices today are mostly trending downwards, with some altcoins bucking the trend. The most notable movement is Bitcoin's sharp decline from yesterday's $70,000 to $68,000. Ethereum also fell sharply, dropping below $3,900. Meanwhile, in the altcoin sector, Solana rose slightly, while other coins showed a downward trend in price. In the meme coin sector, Shiba Inu, BONK, and FLOKI emerged as winners.
Notably, as of May 28, the global cryptocurrency market capitalization fell 0.58% to $2.57 trillion. However, overall cryptocurrency market trading volume in the past 24 hours increased significantly by 43.08% to $87.7 billion, indicating a surge in trading activity.
Here is a quick report on today's top cryptocurrencies and their price movements.
Top Cryptocurrency Prices Today
Bitcoin Price
Following yesterday’s breakout above the $70,000 mark, Bitcoin price again showed its characteristic volatility today, coinciding with the coin’s re-accumulation phase. It fell 1.29% in the past 24 hours to $68,139.23. The low and high prices in the 24 hours were $67,746.41 and $70,597.88, respectively.
Notably, BTC’s market cap is $1.33 trillion, while 24-hour trading volume was recorded at $28.17 billion.
Ethereum Price
Meanwhile, Ethereum has also traded with high volatility over the past 24 hours, and despite the recent approval of a spot ETH ETF, the token seems to be struggling to gain significant upward momentum.
ETH was trading at $3,832.82, down 2.37% over the past 24 hours. The low and high prices in the past 24 hours were $3,826.20 and $3,973.56, respectively.
Solana Price
Meanwhile, the SOL cryptocurrency is trading at $166.73 at the time of writing, up 0.72%, with its 24-hour low and high of $164.07 and $171.99, respectively.
XRP Price
Ripple Labs-backed token XRP has fallen 0.78% over the past 24 hours and is currently trading at $0.5274. The low and high prices over the past 24 hours are $0.5238 and $0.5399, respectively.
SHIB Price
Also, Dogecoin rival Shiba Inu has risen 1.16% since yesterday to $0.00002488. At the same time, famous dog-themed meme coins FLOKI and BONK have emerged as the top gainers today.
Today's Top Crypto Gains
Notcoin (NOT) The price has risen an astounding 51.09% in the past 24 hours to $0.008208.
Floki the Dog (FLOKI) The price has increased by 14.99% over the past day to $0.000271.
Bonk The price is up 6.24% since yesterday to $0.00003834.
Book of Memes (BOME) The price rose 7.54% to $0.01388.
Also read: Internet Computer (ICP) AI demo features facial recognition
Today's top crypto losers
Jasmy Coin (JASMY) The price fell 7.79% to $0.01388.
Etena (ENA) The price fell 5.54% to $0.8854.
AAVE The price then retreated, down 5.95% to $106.78.
Synthetics (SNX) The price also fell 5.56% to $3.04.
Meanwhile, it is also worth mentioning that the prices of Bitcoin and Ethereum continue to decline according to the hourly charts. Altcoins XRP, SOL, and SHIB have followed suit in this decline. However, DOGE and PEPE have seen upward momentum in the same period.
Also Read: XRP’s Maximum Pain Price at May Options Expiry is $0.54, What Does it Mean?
The presented content may contain the personal opinions of the author and are subject to market conditions. Please conduct market research before investing in cryptocurrencies. The author or publication is not responsible for any of your personal financial losses.
✓ Share: