The cryptocurrency market was volatile today, with Bitcoin fluctuating while Ethereum (ETH), Ripple (XRP), and other altcoins fell. BOME was one of the top gainers, while FLOKI was the biggest loser.

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  • Bitcoin price is struggling to recover above the $70,000 mark.

  • Despite the strong likelihood of ETF approval, Ethereum’s price remains below $3,800.

  • Solana price rose while other altcoins fell.


Today’s price performance appears quite sluggish after yesterday’s massive sell-off in the cryptocurrency market. The global cryptocurrency market capitalization has fallen by 0.66% from yesterday and currently stands at $2.58 trillion. In addition, the total cryptocurrency market trading volume in the past 24 hours was $98.22 billion, a significant drop of 19.59% from the previous day.

Bitcoin price struggled to stay above the $70,000 mark. Ethereum was trading mostly in the red, with XRP and memecoins DOGE and SHIB also following suit. Notably, Solana also experienced volatility, although it generally maintained an upward trend.

Here are today’s most popular cryptocurrencies and their prices:

  • Bitcoin (BTC) Price

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As of today, May 23, Bitcoin’s price chart shows high volatility, with the current price at $69,425.23, down 0.77% in the past 24 hours. Its 24-hour minimum was $68,977.69 and its maximum was $70,623.69.

Bitcoin’s market capitalization fell 0.75% to $1.36 trillion, while 24-hour trading volume dropped sharply by 21.80% to $31.86 billion.


Ethereum Price

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Ethereum (ETH) price has fallen 1.15% in the past 24 hours and is currently trading at $3,762. Its 24-hour low was $3,655.08 and its high was $3,810.95.

ETH’s market capitalization has fallen by 1.08% over the past 24 hours to $452.16 billion, while its 24-hour trading volume has decreased by 26.33% to $24.71 billion.

Solana Price

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In contrast, Solana
The price of SOL has increased by 0.88% in the past 24 hours to $178.68. Despite the volatility of SOL, the token has maintained its upward momentum.
The hourly minimum price was $175.45 and the highest price was $183.07. Meanwhile, the 24-hour trading volume fell by 7.19% to $3.77 billion.


Ripple Price

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The Ripple Labs-backed token has fallen by 1.36% in the past 24 hours and is currently priced at $0.5281. The lowest and highest prices in the past day were $0.5237 and $0.5377, respectively. In addition, the 24-hour trading volume has dropped by 34.56% to $1.18 billion.

Cardano Price

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THERE IS
The price of ETH/USD has fallen by 1.56% in the past 24 hours and is currently trading at $0.4855. The coin’s 24-hour low and high are $0.4761 and $0.
The coin was trading at $0.4924, showing the tense atmosphere during the trading session. Meanwhile, the 24-hour trading volume dropped significantly by 16.47% to $407.36 million.


DOGE and SHIB Lose Money

In the past 24 hours, Dogecoin, the market cap leader in the emoji coin space, has fallen 2.43% to $0.1667, while Shibacoin’s price has dropped 3.34% to $0.00002536.

Additionally, the value of Pepecoin (PEPE) has also dropped by 4.65% and is currently trading at $0.00001353.

Today's Biggest Gainers

Today's Biggest Crypto Winners

  • The price of Bittensor (TAO) has surged 8.01% in the past day to $455.24.

  • The price of BOOKOF MEME (BOME) increased by 2.98% to $0.01319.

  • The price of dogwifhat (WIF) has increased by 5.67% in the last 24 hours to $2.98.

  • The price of JasmyCoin (JASMY) increased by 4.02% to $0.02167.

Today’s Biggest Cryptocurrency Losers

  • The price of Core (CORE) has plunged 6.62% in the past day to $1.69.

  • The price of LidoDAO (LDO) fell by 6.16% to $2.08.

  • Floki Inu (FLOKI) price corrected back, down 5.63% to $0.0002242.

  • Pepe coin (PEPE) is also among the biggest losers, down 4.65% and currently trading at $0.00001353.


Market Dynamics

Bitcoin’s price continues to struggle to gain significant upward pressure on the one-hour time frame. On the other hand, ETH, SOL, XRP, DOGE, and SHIB saw small price increases, ranging between 0% and 0.5%.

It is worth noting that today (May 23) is the deadline for ETH ETF approval, and Ethereum prices may fluctuate further, with both upward and downward momentum.