News
Bitcoin and Ethereum Prices Ride a Roller Coaster as they NOT Continue to Rise 18%
Cryptocurrency prices today continued to raise eyebrows across the industry at large. Bitcoin (BTC) and Ethereum (ETH) once again showed volatile price movement, while altcoins also traded mostly in the red. The global cryptocurrency market capitalization fell by 1.40% to $2.54 trillion in the last 24 hours. Additionally, the total cryptocurrency market volume over the past day saw a decline of 9.30% to $82.63 billion. However, Notcoin (NOT) continued to pump, defying broader market expectations.
Here is a brief report on the major cryptocurrencies and their price action for today, May 30th.
The best cryptocurrency prices today
Bitcoin price
The flagship cryptocurrency, BTC, showed a mostly red trading session today. The price of BTC
it stood at 68,037.54 dollars, down 0.98% compared to yesterday. Its 24-hour lows and highs are $67,101.49 and $68,852.23, respectively.
Furthermore, Bitcoin’s dominance at the time of writing is 52.68%, an increase of 0.16% on the day.
Ethereum price
In the meantime, The price of Ethereum continued to show a period of sideways trading on the broader timeframe chart, falling 1.51% over the past 24 hours to $3,786.83. It is worth mentioning that the token’s 24-hour lows and highs are $3,742.04 and $3,880.65, respectively.
Despite the recent spot approval of the ETH ETF by the US SEC, the global crypto community awaits the long-awaited price rise of Ethereum.
Solana price
Meanwhile, amid talk of a potential SOL ETF in the works emerging in the crypto community, Solana witnessed a 1.53% drop in its price over the past 24 hours to reach $169.54. Its 24-hour lows and highs are $167.32 and $173.64, respectively.
XRP Price
The cryptocurrency brought by the American blockchain payments giant Ripple Labs, XRP
, continued to show a roller coaster ride and traded at $0.526, down 0.46% from the previous day. The token’s 24-hour lows and highs were $0.5201 and $0.5321.
DOGE AND SHIB prices
In the meme coin industry, Dogecoin (DOGE) fell 2.49% over the past day to $0.00002788. Shiba Inu (SHIB), Dogecoin’s rival, fell 0.13% to $0.00002791.
Interestingly, major meme-themed cryptocurrencies such as Bonk and PEPE have also seen notable declines, emerging in the list of top losers.
Top cryptocurrency gains today
Notcoin (NOT) the price rose 18.73% to $0.01107.
Bitget Token (BGB) the price rose 7.75% to $1.32.
Arweave (AR) the price rose 6.09% to $40.72.
ORDER the price saw a 3.99% increase to $43.22.
Read also: RWAs have a court date next week amid push for ‘efficient markets’
Top cryptocurrency losers today
Bon (Bonk) the price corrected by 11.78% to $0.00003734.
Pepe Coin (PEPE) it slumped 7.96% to $0.00001507.
Book of Memes (BOME) saw a decline of 9.43% to $0.01427.
Ondo (ONDO) fell 7.03% to $1.18.
Looking at the hourly charts, one can see that BTC and ETH have rebounded by 0.33% and 0.30% respectively. Meanwhile, despite the recent turbulent performance of the cryptocurrency sector, US Senator Cynthia Lummis said cryptocurrency the assets remain destined to become an essential part of the national economy if people fail to capitalize on emerging markets.
Read also: BlackRock Submits a Revised Form S-1 for its Ethereum Spot ETF