Crypto Prices Today May 22: Bitcoin Fluxes Near $70K, ETH & Meme Coins Spring

Crypto Prices Today

Following yesterday's significant bullish momentum, crypto prices have experienced a moderate decline today.

Bitcoin

Bitcoin's price has fluctuated around the $70,000 mark, alternating between red and green territories. Currently, it trades at $69,958, representing a 1.77% decrease in the past 24 hours. Its 24-hour trading range extends from $69,191.12 to $71,426.98. Bitcoin's market capitalization has slipped by 1.83% to $1.37 trillion, while its 24-hour trading volume has declined by 18.43% to $40.73 billion.

Ethereum

In contrast, Ethereum has maintained its resilience, exhibiting an upward momentum. Its price has surged by 3.24% in the past 24 hours, reaching $3,804. Ethereum's 24-hour trading range spans from $3,628.10 to $3,837.37. The second-largest cryptocurrency by market capitalization has witnessed a 3.10% increase in market cap today, reaching $456.16 billion. However, its 24-hour trading volume has decreased by 6.20% to $33.55 billion. Ethereum's recent surge is primarily attributed to growing anticipation of a potential ETH ETF approval.

Altcoins

Among altcoins, SOL, XRP, and ADA have experienced a downward trend, while DOGE and SHIB, prominent meme coins, have recorded significant gains.