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Bitcoin rides a roller coaster while ETH, XRP and DOGE bleed
Cryptocurrency prices today recorded a considerably slow performance compared to yesterday’s massive cryptocurrency market sell-off. Global market capitalization fell 0.66% from yesterday to $2.58 trillion. Furthermore, the total cryptocurrency market volume recorded in the last 24 hours stands at $98.22 billion, marking a notable decline of 19.59% compared to last day.
Bitcoin price struggled to maintain its position above the $70,000 mark. Ethereum traded mostly in the red, with XRP and meme coins DOGE and SHIB following the price collapse. Notably, Solana also took a roller coaster ride, although the token traded mostly in the green.
Here’s a look at the top cryptocurrencies and their prices today:
The best cryptocurrency prices today
Bitcoin price
Today, May 23rd, The price of Bitcoin The chart illustrated highly volatile momentum, settling at $69,425.23 with a decline of 0.77% recorded over the past day. Its 24-hour lows and highs are $68,977.69 and $70,623.69.
The token’s market capitalization fell 0.75% to $1.36 trillion, while 24-hour trading volume plummeted 21.80% to $31.86 billion.
Ethereum price
Ethereum (ETH) has highlighted a 1.15% drop in its price over the last day and is currently sitting at $3,762. The cryptocurrency’s 24-hour lows and highs are $3,655.08 and $3,810.95, respectively.
ETH’s market capitalization fell 1.08% to $452.16 billion over the past 24 hours, while 24-hour trading volume saw a decline of 26.33% to $24.71 billion .
Solana price
In reverse, Solana’s price it jumped 0.88% over the past day to $178.68. Although SOL’s momentum has been turbulent, the token has managed to stay 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
THE Token supported by Ripple Labs it has decreased in value by 1.36% over the past 24 hours, reaching $0.5281. Its lows and highs over the past day were $0.5237 and $0.5377. Furthermore, the 24-hour trading volume decreased by 34.56% to $1.18 billion.
Cardano price
The price of the ADA The trajectory illustrated a decline of 1.56% in the last 24 hours, currently trading at $0.4855. Its 24-hour lows and highs are $0.4761 and $0.4924, demonstrating a tight trading session. Meanwhile, 24-hour trading volume slumped 16.47% to $407.36 million.
DOGE AND SHIB In Red
Dogemonetathe market capitalization leader of the meme coin sector, fell 2.43% to $0.1667 in the last 24 hours, while The price of Shiba Inu fell 3.34% to $0.00002536.
Furthermore, Pepe coin (PEPE) also fell by 4.65% to $0.00001353.
Read also: Coinbase CEO Brian Armstrong celebrates House victory for clear regulation of cryptocurrencies
Top cryptocurrency gains today
Bitensor (TAO) the price increased by 8.01% over the past day to $455.24.
BOOK OF MEMES (BOME) the price rose 2.98% over the past day to $0.01319.
dogwifhat (WIF) the price increased by 5.67% in the last 24 hours to $2.98
JasmyCoin (JASMY) the price recorded an increase of 4.02% to $0.02167.
Top cryptocurrency losers today
Nucleus (CORE) the price tumbled 6.62% to $1.69 over the past day.
Lido DAO (LDO) the price tumbled 6.16% to $2.08 over the past day.
The price of Floki Inu (FLOKI) noted a pullback, down 5.63% to $0.0002242 over the same period.
Pepe Coin (PEPE), as mentioned above, it is also one of the biggest losers.
Looking at the one-hour time frame, one can see that Bitcoin price continued to struggle to gain significant upward pressure. ETH, SOL, XRP, DOGE and SHIB instead noticed a slight increase in prices, between 0% and 0.5%.
However, it is worth noting that today, May 23, is the deadline for ETH ETF approval, and Ethereum price could witness further volatility with both upward and downward momentum.
Read also: Anthony Scaramucci Defends Michael Saylor: Calls Bitcoin Criticism ‘Total Nonsense’