The general crypto market has begun the week with mixed movements. While some of the coins are trading in the green zone, the majority are in the red as depicted in the crypto heat map by CoinMarketCap. Over the last 24 hours, the global crypto market cap has increased by 0.06% to $2.58 trillion. Additionally, the total trading volume over the last day has surged by 30% to $67.98 billion, with the volume of stablecoins taking up a significant 90% of the entire crypto market’s 24-hour volume.
Source: CoinMarketCap
Bitcoin has maintained a dominance of 52% with a price slump while Ethereum is experiencing a spike, riding on the wave of the recent ETH spot ETF approval by the Securities and Exchange Commission. Let us take a closer look at some of the prices of top cryptocurrencies in the market.
Major Crypto Prices Today
Bitcoin, the flagship cryptocurrency, has seen a drop in the last 24 hours. According to data from CoinMarketCap, the price of BTC is currently $68,754, representing a 0.91% decrease within the recorded time. What is more, the 24-hour trading volume has jumped by 19% to $18.6 billion with a live market cap of $1.35 trillion.
Ethereum, the second-largest cryptocurrency by market cap on the other hand has moved in the opposite direction. Per CMC data, the price of ETH is up by 3.41% to trade at $3,933. Additionally, its trading volume over the last day has surged by 74.8% to $18 billion while maintaining a market cap of $472.2 billion. ETH has traded between the lows and highs of $3,781 and $3,948 in the last 24 hours.
Meanwhile, the trending cryptocurrency XRP has dipped. In the past 24 hours, the price of XRP has dropped by 1.17% to trade at $0.52. However, its trading volume tells a different story as it has grown by 27.4% to $774.8 million. The lows and highs for XRP over the last day have been $0.5243 and $0.5378.
On the memecoin front, Dogecoin (DOGE), the largest memecoin by market cap has also plummeted within the last day. According to fresh data, the price of DOGE has declined by 2.65% to $0.166, trading between the lows and highs of $0.1646 and $0.171. Dogecoin’s 24-hour trading volume has also plummeted by a significant 39.5% to $1.05 billion with a live market cap of $24 billion.
Shiba Inu (SHIB), the second-largest memecoin has joined in the dip frenzy. The price of SHIB has declined by 0.7% in the last 24 hours to trade at $0.00002492. Its trading volume has also dropped by 8% to $351 million, trading between the lows and highs of $0.00002421 and $0.0000249.
Top Trending Gainers Today
On the list of top trending gainers, we have spotted some tokens including;
BounceBit (BB), a BTC restaking infrastructure that provides a foundational layer for different restaking products, has surged by 30.63% to trade at $0.694 with a live market cap of $284.3 million.
Notcoin (NOT), the buzzing play-to-earn token integrated into the TON ecosystem, has jumped by 18.59% over the last day, trading at $0.006. NOT now has a live market cap of $616.3 million.
Pepe (PEPE), the trending memecoin has continued to maintain its position as one of the top gainers. According to fresh data, the price of PEPE has surged by 12.24% to trade at $0.00001692. Additionally, its market cap has climbed to $7.1 billion after surging by 10.9%, maintaining its position as the third-largest memecoin in the market.
The post Crypto Market Overview May 27: Bitcoin Approach $69k, ETH at $3,900, XRP, DOGE and SHIB Dip appeared first on Coinfomania.
