Crypto Prices Today May 24: Ethereum Fluxes on Spot ETF Approval, BTC, DOGE, & SHIB Struggle

Highlights

Bitcoin's price struggled to maintain its position above $68K.
Ethereum's price witnesses heightened turbulency amid ETF approval.
DOGE and SHIB prices plunge, although PEPE continues to soar.
A list of top crypto gainers and losers for today.

The crypto prices today journeyed through highs and lows again, with Ethereum primarily stealing the spotlight. Despite the SEC’s approval of the spot Ethereum ETFs, ETH price sprinted below the $3700 price level. Meanwhile, BTC struggled to maintain its position above $68K. DOGE & SHIB from the meme coin sector followed the tumbled price action. Also, the global crypto market cap stood at $2.55 trillion, down 1.31% from yesterday.

Here’s a brief report on some of the top cryptos and their prices today:

Top Crypto Prices Today

Bitcoin Price

Today, May 24, Bitcoin’s price traded primarily in the red, dipping 2.17% to $67,879.37. Its 24-hour lows and highs are $66,356.95 and $70,041.27, respectively.

The token boasted a market cap of $1.33 trillion, down 2.04% from yesterday, followed by a 24-hour trading volume of $42.37 billion, up 33.44%.

Ethereum Price

In the follow-up of the SEC’s approval of the spot ETH ETF, the token’s price saw a turbulent shift, although it managed to stay above the $3,800 mark for a brief moment, the token slipped below $3,700. ETH traded at $3,685, up 2.59% from yesterday. Its 24-hour lows and highs are $3,552.64 and $3,839.42, respectively.

The token’s market cap stood at $456.48 billion, up 1% from yesterday, whereas the 24-hour trading volume rested at $46.30 billion, up 88.04%

Solana Price

Meanwhile, Solana’s price dropped 3.34% over the past day to $172.09. Its 24-hour lows and highs are $167.40 and $180.17, respectively. The token’s market cap stood at $77.29 billion, whereas its 24-hour trading volume was $5.36 billion.

XRP Price

Simultaneously, XRP’s price noted slight gains worth 0.37% over the past day with a highly turbulent price action. The Ripple-backed crypto traded at $0.5303, with its 24-hour lows and highs being $0.5094 and $0.5392.

DOGE & SHIB Prices

Dogecoin’s price was down 4.63% in the past 24 hours, sitting at $0.1595. Shiba Inu’s price plummetted 3.85% over the past day, resting at $0.00002445.

Meanwhile, it’s also worth mentioning that Pepe coin continues to pump today, nabbing significant investor attention within the meme coin sector. PEPE traded at $0.0000145, a 6.31% upswing over the past day.

Also Read: US CBDC: Thin Line Between Innovation and Privacy Concerns

Top Crypto Gainers Today

Ondo (ONDO) price surged 13.42% in the past 24 hours, reaching $1.10.
Gnosis (GNO) price surged 8.35% to $364.59.
Lido DAO (LDO) price rose 11.87% to $2.82.
Ethena (ENA) price rallied 7.88% to $0.9108.

Top Crypto Losers Today

ORDI price dipped 8.34% to $38.20 today.
Arweave (AR) price tumbled 7.99% to $40.77.
Toncoin (TON) price noted a pullback of 5.70% to $6.20
Theta Network (THETA) price fell 5.93% to $2.32.

Further, upon looking at the hourly time frame, it was found that BTC gained an upside momentum, whereas ETH, along with altcoins’ prices, waned 0-1%. However, the broader market sentiments remain optimistic on ETH’s price action ahead, primarily due to the spot ETF approval.

Also Read: Spot Ethereum ETF: Approval Secured Despite Early Silence

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