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Bitcoin collapses to $68,000, ETH below $3,900, Notcoin rises by 50%
Cryptocurrency prices today are mostly in the red, with some altcoins bucking the trend. The most significant development is That of Bitcoin plummet to the threshold of 68,000 dollars, a substantial drop after yesterday’s 70,000 dollars. Ethereum also saw a significant decline, falling below $3,900. Solana, on the other hand, has seen slight gains in the altcoin sector, while others have shown a downward trend in prices. In the meme coin sector, Shiba Inu, BONK and FLOKI have emerged as winners.
It is worth noting that today, May 28, the global cryptocurrency market capitalization fell by 0.58% to $2.57 trillion. However, the total cryptocurrency market volume in the past 24 hours saw a significant increase, up 43.08% to $87.7 billion, indicating a surge in trading. activity.
Here is a brief report on the major cryptocurrencies and their price action for today.
The best cryptocurrency prices today
Bitcoin price
After passing the $70,000 mark yesterday, today The price of Bitcoin once again illustrated its characteristic volatility, aligning itself with the token’s reaccumulation phase. Over the past 24 hours, it slipped 1.29% to $68,139.23. The 24-hour lows and highs were recorded at $67,746.41 and $70,597.88, respectively.
Notably, BTC boasted a market capitalization of $1.33 trillion, while 24-hour trading volume was recorded at $28.17 billion.
Ethereum price
Ethereum, on the other hand, has also been trading with high volatility over the past 24 hours. Despite the recent approval of a spot ETH ETF, the token appears to be struggling to gain significant upside momentum.
ET it traded at $3,832.82, down 2.37% in the last 24 hours. The 24-hour lows and highs were recorded at $3,826.20 and $3,973.56, respectively.
Solana price
Meanwhile, the SOL At the time of writing, the cryptocurrencies posted gains of 0.72%, trading at $166.73. The 24-hour lows and highs were recorded at $164.07 and $171.99, respectively.
XRP Price
The token backed by Ripple Labs XRP It has dropped by 0.78% over the past 24 hours and is currently trading at $0.5274. Its 24-hour lows and highs are $0.5238 and $0.5399, respectively.
SHIB price
Also, Shiba Inu, Dogecoin’s rival, rose 1.16% from yesterday to $0.00002488. At the same time, FLOKI and BONK, renowned dog-themed meme coins, have emerged among today’s top coins.
Top cryptocurrency gains today
Notcoin (NOT) the price increased by a staggering 51.09% in the last 24 hours to $0.008208.
Floki Inu (FLOKI) the price increased by 14.99% over the past day to $0.000271.
BONK the price rose 6.24% from yesterday to $0.00003834.
Book of Memes (BOME) the price increased by 7.54% to $0.01388.
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Top cryptocurrency losers today
JasmyCoin (JASMY) the price fell 7.79% to $0.01388.
Ethena (ENA) the price fell 5.54% to $0.8854.
Aave (AAVE) the price noticed a pullback, falling 5.95% to $106.78.
Synthetix (SNX) the price also fell 5.56% to $3.04
Meanwhile, it is also worth mentioning that the price of Bitcoin and Ethereum continued to decline, according to hourly charts. Altcoins XRP, SOL and SHIB followed the falling movement. However, DOGE and PEPE witnessed bullish momentum during the same time period.
Read also: XRP Pain Top Price at $0.54 for May Options Expiration, What Does It Mean?
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