Electricity money market from today, May 27
The cryptocurrency market today, May 27, is having quite clear movements. Bitcoin today continues to experience pump and Dump periods and is currently around 69,000 USD.
Most altcoins are also in the red today except for ETH. The total cryptocurrency market Capital today on May 27 remained unchanged at 2.7 trillion USD on CoinGecko .
BTC is around 69,000 USD
BTC has benefited from the buzz surrounding the ETF. The asset skyrocketed $5k last Monday. It later hit a multi-week high of nearly $72,000.
However, it then plummeted after the ETH ETF was approved. At that time, BTC fell to $66,250. But the bulls blocked this move and stopped the free fall.
The asset rebounded and spiked to $69,500 on Saturday. But it cannot continue its ascent and challenge the $70,000 line again. In fact, it has stabilized around those levels and has spent the past 36-48 hours in a range of around $69,000.
The slight decline on a daily scale means its market Capital has fallen to $1.350 trillion on CG. Its dominance over altcoins was defeated and fell below 50% for the first time in months.
ETH continues to rise, PEPE hits another ATH
PEPE has become the biggest gainer on a weekly scale. The popular meme coin just doubled in activity in the last 24 hours. A further 13% increase since yesterday pushed PEPE to another All-Time-High of just over $0.000017. In fact, only JASMY outperforms it on the 24-hour scale.
FLOKI and BONK also had good green hues, each up about 13%. Although most of the larger- Capital coins lagged, Ethereum still took the main lead with a 3.5% gain. As a result, the second largest cryptocurrency now trades at above $3,900.
In contrast, Doge, XRP, TRX, AVAX, NEAR and BCH are slightly red.
The post Tracking cryptocurrency market movements today, May 27, appeared first on CoinPlus .
