Cryptocurrency Market Update: May 27th
Today, the cryptocurrency market exhibited diverse price movements, with Bitcoin hovering around $69K, Ethereum surpassing $3,900 following ETF approval, and Pepe coin defying market expectations to reach a new all-time high.
The global crypto market capitalization experienced a modest increase of 0.97%, reaching $2.59 trillion. Notably, the total crypto market volume surged by 17.13% in the past 24 hours, reaching $62.5 billion.
Top Crypto Prices
Bitcoin Price
Bitcoin's price has been highly volatile in the past 24 hours, fluctuating between positive and negative territory. At the time of writing, BTC trades at $69,001.03, representing a marginal increase of 0.08% over the past day. Its market capitalization stands at $1.35 trillion, while its 24-hour trading volume is $17.18 billion. The 24-hour lows and highs are $68,183.89 and $69,506.23, respectively, indicating significant volatility.
Ethereum Price
The approval of an ETF has boosted optimism for Ethereum, leading to a notable price rise. ETH has climbed by 4.24% over the past day, reaching $3,926.05. Its 24-hour lows and highs are $3,742.07 and $3,936.70, respectively.
Solana Price
In contrast, Solana's price chart has primarily shown red during the past 24 hours. At the time of writing, SOL trades at $165.30, down by 0.54% from yesterday. The 24-hour lows and highs are $161.26 and $166.90, respectively.
XRP Price