Crypto Prices Today May 22: Bitcoin Fluxes Near $70K, ETH & Meme Coins Spring
Crypto prices today garnered significant attention, as Bitcoin fluxed near $70K. Ethereum and meme coins DOGE, SHIB, & FLOKI rallied, while altcoins XRP, SOL, and others witnessed a turbulent price action.
Highlights
- Bitcoin witnesses price fluctuations near the $70K mark.
- Ethereum continues to maintain upward trajectory near $3,800.
- Altcoins witness a volatile trading session, with meme coins continuing to offer investor gains.
The crypto prices today witnessed a waning price action following yesterday’s remarkable bullish momentum. 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.
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.
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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.
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CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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