Bitcoin

Bitcoin rides a rollercoaster while ETH, XRP and DOGE bleed

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Crypto prices today have performed considerably sluggishly in the face of the massive crypto market settlement. The global market capitalization fell 0.66% compared to yesterday, reaching the US$2.58 trillion mark. Furthermore, the total crypto market volume recorded in the last 24 hours is $98.22 billion, marking a notable drop of 19.59% from the previous day.

Bitcoin price struggled to maintain its position above the $70K mark. Ethereum traded mostly in the red, with XRP and meme coins DOGE and SHIB following the downward price movement. Notably, Solana also rode a rollercoaster even though the token traded mostly in the green.

Here’s a look at the top cryptocurrencies and their prices today:

Top Crypto Prices Today

Bitcoin Price

Today, May 23rd, Bitcoin Price The chart illustrated highly volatile momentum, stopping at $69,425.23, with a 0.77% drop recorded the previous day. Its 24-hour lows and highs are $68,977.69 and $70,623.69.

The token’s market cap fell 0.75% to $1.36 trillion, while 24-hour trading volume plummeted 21.80% to $31.86 billion.

Ethereum Price

Ethereum (ETH) illustrated a 1.15% drop in its price over the last day and is currently at $3,762. The crypto’s 24-hour lows and highs are $3,655.08 and $3,810.95, respectively.

ETH market capitalization fell 1.08% to $452.16 billion in the last 24 hours, while the 24-hour trading volume recorded a 26.33% drop to $24.71 billion.

Solana Price

On the other hand, The price of Solana jumped 0.88% in the last day, reaching US$178.68. Although SOL’s momentum has been turbulent, the token has managed to remain in the green. Its 24-hour lows and highs are $175.45 and $183.07, respectively. Meanwhile, 24-hour trading volume fell 7.19% to $3.77 billion.

XRP Price

O Token backed by Ripple Labs decreased in value by 1.36% in the last 24 hours, reaching US$0.5281. Its lows and highs in the previous day were $0.5237 and $0.5377. Additionally, 24-hour trading volume fell 34.56% to $1.18 billion.

Cardano Price

ADA Price the trajectory illustrated a drop of 1.56% in the last 24 hours, currently trading at US$0.4855. Its 24-hour lows and highs are $0.4761 and $0.4924, illustrating a tight trading session. Meanwhile, 24-hour trading volume plummeted 16.47% to $407.36 million.

DOGE and SHIB in red

Dogecoinmarket capitalization leader of the meme coin sector, fell 2.43% to $0.1667 in the last 24 hours, while Shiba Inu Price sank 3.34% to $0.00002536.

Furthermore, even the Pepe coin (PEPE) drained 4.65% in value to $0.00001353.

Read too: Coinbase CEO Brian Armstrong Celebrates Chamber Victory for Clear Crypto Regulation

Top Crypto Earners Today

Bittensor (TAO) the price rose 8.01% in the last day to $455.24.
MEME BOOK (BOME) the price jumped 2.98% in the last day to $0.01319.
dog with hat (WIF) the price rose 5.67% in the last 24 hours to $2.98
JasmyCoin (JASMY) the price saw an increase of 4.02% to $0.02167.

Top Crypto Losers Today

Core (CORE) the price plummeted 6.62% to $1.69 in the last day.
Lido DAO (LDO) the price plummeted 6.16% to $2.08 in the last day.
The price of Floki Inu (FLOKI) saw a pullback, dropping 5.63% to $0.0002242 during the same period.
Pepe Coin (PEPE), as mentioned above, it is also one of the biggest losers.

When looking at the one-hour time frame, it can be seen that Bitcoin price continued to struggle to gain significant positive pressure. On the other hand, ETH, SOL, XRP, DOGE and SHIB registered a marginal increase in prices, between 0% and 0.5%.

However, it is important to note that today, May 23, is the deadline for ETH ETF approval, and the Ethereum price may witness increased volatility, both upward and downward.

Read too: Anthony Scaramucci defends Michael Saylor: calls Bitcoin criticism “utter nonsense”

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