Crypto Prices Today May 22: Bitcoin Fluxes Near $70K, ETH & Meme Coins Spring
The crypto prices today witnessed a waning price action following yesterday’s remarkable bullish momentum in the crypto market. Bitcoin witnessed turbulency near the $70,000 mark, with the token’s price trading both in red and green territories. Simultaneously, Ethereum maintained its resiliency, hovering near the $3,800 mark.
On the other hand, Altcoins SOL, XRP, and ADA witnessed a tumbled movement. Whereas DOGE and SHIB, prominencies in the meme coin sector, noted considerable gains.
Top Crypto Prices Today
Bitcoin Price
Bitcoin’s price dipped 1.77% in the past 24 hours and is currently trading at $69,958. Its 24-hour lows and highs are $69,191.12 and $71,426.98, respectively.
The flagship crypto’s market cap slipped 1.83% to $1.37 trillion, followed by an 18.43% fall in 24-hour trading volume to $40.73 billion.
Ethereum Price
Conversely, the Ethereum price trajectory illustrated a continued upward momentum today, surging 3.24% in the past 24 hours to $3,804. Its 24-hour lows and highs are $3,628.10 and $3,837.37, respectively.
The second-largest crypto by market cap witnessed a 3.10% jump in market cap value today, reaching $456.16 billion. However, the 24-hour trading volume decreased 6.20%, reaching $33.55 billion.
Ethereum’s recent attention-nabbing surge comes primarily due to the balance tipping more toward a potential ETH ETF approval.
Solana Price
SOL’s market chart illustrated a 3.83% plunge in the crypto’s price in the past 24 hours, resting at $177. According to CoinmarketCap data, Solana’s 24-hour lows and highs are $174.71 and $184.79, respectively.
The token’s market cap fell 3.76% to $79.55 billion, whereas 24-hour trading volume plummeted 19.77% to $4.06 billion.
XRP Price
The Ripple Labs-backed token noted marginal gains worth 0.09% in the past 24 hours, with a highly turbulent price action. XRP currently sits at $0.5357, with its 24-hour lows and highs being $0.5322 and $0.5561.
This highly turbulent price action follows the U.S. SEC’s recent opposition to Ripple’s motion to redact and seal certain remedies-related documents.
Cardano Price
Cardano (ADA) also tumbled 1.39% in the past 24 hours and stood at $0.492 at press time. ADA traded as low as $0.4911 and hit a peak of $0.5067 in the past 24 hours.
A Glimpse Into Meme Coins Prices
Dogecoin (DOGE) noted a 4.16% price upswing in the past 24 hours and is currently trading at $0.1707. Shiba Inu (SHIB) jotted gains worth 2.49% in the past 24 hours and is currently at $0.0000261.
Also Read: Grayscale Eliminates Staking from Its Spot Ethereum ETF Plan
Top Crypto Gainers Today
Floki Inu (FLOKI): FLOKI price was up 10.77% today, trading at $0.0002158.
Pepe Coin (PEPE): PEPE rallied 6.10%, resting at $0.00001419.
Arweave (AR): Arweave coin’s price jumped 2.28% to $45.87 while writing.
Wormhole (W): Wormhole’s price chart showed a 0.53% jump to $0.5675.
Top Crypto Losers Today
Worldcoin (WLD): Sam Altman’s WLD slipped 9.30% to $4.79.
Ethena (ENA): EA tumbled 6.98% to $0.7021 today.
Celestia (TIA): TIA plunged 6.77% to $8.19 over the past day.
Dogwifhat (WIF): The Solana meme coin fell 5.98% to $2.92.
The global crypto market cap stood at $2.59 trillion, marking a slight 0.43% decrease over the past day. Meanwhile, the fear and greed index highlighted a ‘greed’ sentiment prevailing in the market. Intriguingly, Ethereum’s continued pump is primarily attributable to the odds of ETH ETF gaining favor. Bitcoin’s turbulency in its re-accumulation phase further rationalizes the token’s current price movements.
Also Read: Coinbase Vs SEC: SEC & Coinbase File to Seal Confidential Information in Court
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