NewsletterCrypto Prices Today May 31: Bitcoin Dips T0 $67K, ETH Below $3,800 While BEAM Pumps
Highlights
- Bitcoin tops the $68.5K mark today, trading primarily in the green.
- Ethereum struggles to maintain a break above the $3,800 price level.
- Altcoins trade mainly in the red today, with the meme coins sector following.
The crypto prices today saw a trading session mainly in the red, although Bitcoin (BTC) traded in the green. Ethereum (ETH) continued a tumbled price action, while altcoins Solana (SOL), XRP, Dogecoin (DOGE), and Shiba Inu (SHIB) followed. However, Beam (BEAM) surged remarkably today. Besides, the global crypto market cap saw a marginal increase of 0.06% over the past day to $2.54 trillion. Also, the total crypto market volume jumped 0.58% to $83.07 billion over the past day.
Here’s a brief overview of some of the top cryptos and their price movements today, May 31.
Top Crypto Prices Today
Bitcoin Price
The flagship crypto has seen a 0.92% jump in price over the past 24 hours, currently resting at $68,591.21. Further, BTC’s 24-hour lows and highs are $67,118.08 and $69,500.54, respectively.
According to Coinmarketcap’s data, Bitcoin’s dominance increased by 0.41% to 53.07% over the past day. However, the token’s charts show turbulent movement in the past 24 hours.
Further, as the day longed, BTC slipped back to the $67K mark, resting at $67,918, although the token hovered in the green territory.
Ethereum Price
Meanwhile, Ethereum’s price fell 0.80% in the past 24 hours, reaching $3,759.93. Its 24-hour lows and highs are $3,702.26 and $3,823.64, respectively.
Talks of a phenomenal price rally post-ETH ETF approval appear to have now cooled down across the broader crypto market.
Solana Price
Whereas, Solana’s price also experienced a fall of 1.55% in the past 24 hours, reaching $167.21. SOL’s 24-hour lows and highs are $163.68 and $172.42, respectively.
XRP Price
The cryptocurrency brought by Ripple Labs, XRP, followed the tumbled price movement, slipping 1.04% to $0.5213. Its 24-hour lows and highs are $0.5175 and $0.5273, respectively.
DOGE & SHIB Prices
Simultaneously, mimicking the broader market’s trend, DOGE and SHIB from meme coins town showed a falling price action.
DOGE’s price plunged 2.59% to $0.1605 from yesterday, whereas SHIB’s price plummeted 6.68% to $0.00002609 during the same period.
Even Pepe coin (PEPE) and dogwifhat (WIF) plunged remarkably, 1%-9%.
Top Crypto Gainers Today
JasmyCoin (JASMY) price surged 23.35% to $0.0315 today.
ORDI price saw a 14.47% upswing to $48.87.
Beam (BEAM) coin’s price surged 26.42% to $0.03357.
Arweave (AR) price rallied 8.44%
to $44.00.
Also Read: Lawmakers Call on Biden to Reconsider Veto of SAB 121 Repeal
Top Crypto Losers Today
Floki Inu (FLOKI) price plunged 8.35% to $0.0002527 over the past day.
dogwifhat (WIF) price dipped 8.63% to $3.40 during the same period.
Akash Network (AKT) price fell 8.30% to $4.78.
Simultaneously, BONK plummeted 8.29% to $0.00003414.
It’s noteworthy that cryptos from the meme coins sector emerged prominently on the top losers list. Meanwhile, the hourly time frame charts illustrated that BTC, ETH, XRP, and other altcoins collectively rebounded nearly 0.5%.
Also Read: 3 Altcoins To Sell Amid Bearish Sentiment
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