Cryptocurrency prices again bounced between higher highs and lower lows today, with Ethereum taking the lead spotlight. The SEC's approval of a spot Ethereum ETF pushed ETH price above the $3800 price level, while BTC struggled to hold its ground above $68,000. Meme coin sectors DOGE and SHIB followed suit in price declines. Also, the global cryptocurrency market cap was $2.55 trillion, down 1.31% since yesterday.
Below is a quick report on today's top cryptocurrencies and their prices.
Top Cryptocurrency Prices Today
Bitcoin Price
Today, May 24, the price of Bitcoin was mostly down, dropping 2.17% to $67,879.37. The 24-hour low and high were $66,356.95 and $70,041.27, respectively.
The token’s market capitalization was $1.33 trillion, down 2.04% from the previous day, while 24-hour trading volume was $42.37 billion, up 33.44%.
Ethereum Price
Following the SEC's approval of the Spot ETH ETF, the token's price has been volatile but remains above $3,800 at press time. ETH is trading at $3,801.76, up 0.96% since yesterday. The 24-hour low and high were $3,552.64 and $3,839.42, respectively.
The token’s market capitalization was $456.48 billion, up 1% from yesterday, while 24-hour trading volume was $46.3 billion, up 88.04%.
Solana Price
Meanwhile, Solana’s price has fallen 3.34% over the past day to $172.09, with 24-hour low and high prices of $167.40 and $180.17, respectively. The token’s total market capitalization is $77.29 billion, with a 24-hour trading volume of $5.36 billion.
XRP Price
At the same time, the price of XRP recorded a slight increase of 0.37% over the past day due to highly volatile price fluctuations. The Ripple-backed cryptocurrency was trading at $0.5303, with 24-hour low and high values of $0.5094 and $0.5392, respectively.
DOGE and SHIB prices
Dogecoin price has fallen 4.63% in the past 24 hours and is trading at $0.1595. Shiba Inu price has plummeted 3.85% in the past day and is trading at $0.00002445.
Meanwhile, it is also worth noting that Pepecoin continued to rise today, attracting significant investor attention within the meme coin sector. PEPE was trading at $0.0000145, up 6.31% from the previous day.
Also read: US CBDC: A fine line between innovation and privacy concerns
Today's Top Crypto Gains
Ondo (ONDO) price rose by 13.42% in the past 24 hours to hit $1.10.
The price of Gnosis (GNO) increased by 8.35% to $364.59.
Lido DAO (LDO) price increased by 11.87% to $2.82.
Ethena (ENA) price increased by 7.88% to $0.9108.
Today's top crypto losers
ORDI price fell 8.34% today to $38.20.
Arweave (AR) price fell 7.99% to $40.77.
Toncoin (TON) price fell 5.70% to $6.20.
Theta Network (THETA) price fell 5.93% to $2.32.
Moreover, on an hourly basis, we see that the prices of BTC, ETH, and altcoins are down by 0-1%. However, the overall market sentiment is optimistic about the future price movement of ETH, mainly due to the spot ETF approval.
Related article: Spot Ethereum ETF: Secures Approval Despite Initial Silence
