Most cryptocurrency values today are down, while several altcoins defy the trend. The most significant move is that Bitcoin has dropped significantly from yesterday’s $ 70K to just $68K. Ethereum dropped sharply as well, hitting less than $3,900. In contrast, Solana experienced marginal gains in the altcoin market, but other altcoins displayed a declining price trend. The winners in the meme coin category were FLOKI, BONK, and Shiba Inu.
It’s important to remember that on May 28, the value of the world’s cryptocurrency market fell by 0.58% to $2.57 trillion. Nonetheless, the overall volume of the cryptocurrency market increased significantly in the last day, rising 43.08% to $87.7 billion, suggesting a spike in trading activity.
This is a quick update on the leading cryptocurrencies and their current price movements.
Best Cryptocurrency Prices Right Now
Bitcoin
After hitting the $70K barrier yesterday, the price of Bitcoin today showed its usual volatility, coinciding with the token’s re-accumulation phase. In the last day, it decreased 1.29% to $68,139.23. $67,746.41 and $70,597.88 were the 24-hour low and high values, respectively.
Notably, Bitcoin’s market capitalization was $1.33 trillion, while the trading volume during a 24-hour period was $28.17 billion.
Ethereum
However, Ethereum also saw a lot of volatility in its trading throughout the previous day. Even with the recent approval of a spot Ethereum ETF, the token does not appear to be gaining any upward momentum.
After a day of trading at $3,832.82, ETH decreased 2.37%. $3,826.20 and $3,973.56 were the 24-hour low and high values, respectively.
Solana
As of this writing, the SOL cryptocurrency was trading at $166.73, gaining 0.72%. The 24-hour high and low were $171.99 and $164.07, respectively.
XRP
With a 0.78% decrease over the last 24 hours, the Ripple Labs-backed coin XRP is currently trading at $0.5274. Its 24-hour high is $0.5399, and its 24-hour low is $0.5238.
SHIB
Additionally, the Dogecoin competitor Shiba Inu saw a 1.16% increase from yesterday, closing at $0.00002488. Famous dog-themed meme coins FLOKI and BONK surfaced as today’s top gainers.
Leading Crypto Profits Now
The price of Bitcoin (NOT) shot up to $0.008208 in just the last day, a whopping 51.09% increase.
Floki Inu’s (FLOKI) price increased 14.99% to $0.000271 on the last day.
The price of BONK shot up 6.24% to $0.00003834 yesterday.
The price of Meme (BOME) increased by 7.54% to $0.01388.
Today’s Top Crypto Losers
The price of JasmyCoin (JASMY) fell 7.79% to $0.01388.
The price of Ethena (ENA) fell by 5.54% to $0.8854.
The price of Aave (AAVE) experienced a decline, falling 5.95% to $106.78.
Synthetix (SNX) dropped by 5.56% to $3.04.
Meanwhile, it’s also important to note that, according to hourly time frame charts, the prices of Ethereum and Bitcoin have been declining. The altcoins XRP, SOL, and SHIB followed the falling movement. On the other hand, DOGE and PEPE saw upward momentum simultaneously.
