Bitcoin Sees ANOTHER All-Time High, Soars Past $111,000
Bitcoin (BTC), the world’s oldest and most valued crypto, remained on its upwards momentum, climbing above the $111,000 mark for the first time. Riding BTC’s momentum, other popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — saw good jumps across the board as the overall Market Fear & Greed Index stood at 76 (Greed) out of 100, as per CoinMarketCap data. SPX6900 became the biggest gainer, with a 24-hour jump of nearly 20 percent. EOS turned out to be the biggest loser today, with a 24-hour dip of nearly 4 percent.
The global crypto market cap stood at $3.53 trillion at the time of writing, registering a 24-hour jump of 1.68 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $111,056.12, registering a 24-hour gain of 0.21 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 88.10 lakh.
Ethereum (ETH) Price Today
ETH price stood at $2,709.29, marking a 24-hour jump of 4.30 percent at the time of writing. Ethereum price in India stood at Rs 2.02 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour jump of 4.51 percent, as per CoinMarketCap data, currently priced at $0.2517. Dogecoin price in India stood at Rs 18.63.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour gain of 3.72 percent. At the time of writing, it was trading at $102.32. LTC price in India stood at Rs 8,144.86.
Ripple (XRP) Price Today
XRP price stood at $2.46, seeing a 24-hour jump of 2.61 percent. Ripple price in India stood at Rs 199.58.
Solana (SOL) Price Today
Solana price stood at $184.58, marking a 24-hour gain of 5.59 percent. SOL price in India stood at Rs 14,097.14.
Top Crypto Gainers Today (May 23)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Worldcoin (WLD)
Price: $1.57
24-hour gain: 29.26 percent
Hyperliquid (HYPE)
Price: $35.52
24-hour gain: 17.77 percent
Jupiter (JUP)
Price: $0.6167
24-hour gain: 17.56 percent
dogwifhat (WIF)
Price: $1.34
24-hour gain: 17.54 percent
Zcash (ZEC)
Price: $49.57
24-hour gain: 14.94 percent
Top Crypto Losers Today (May 23)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Walrus (WAL)
Price: $0.5864
24-hour loss: 8.59 percent
Pi (PI)
Price: $0.8178
24-hour loss: 3.63 percent
Sui (SUI)
Price: $3.91
24-hour loss: 2.10 percent
Core (CORE)
Price: $0.8509
24-hour loss: 2.06 percent
Monero (XMR)
Price: $386.09
24-hour loss: 1.47 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Edul Patel, CEO and co-founder, Mudrex, told ABP Live, “Bitcoin is stabilising around $111,500 after hitting a new all-time high of $111,970, entering uncharted territory with strong momentum. This rally has extended to altcoins like ETH, Solana, and Hyperliquid, gaining up to 17% in a single day. Moreover, institutional inflows have helped BTC maintain sustained momentum, with Spot ETFs seeing over $600 million in net inflows in a day. Additionally, the US Dollar Index has dropped more than 2.6% over the last 10 days, making crypto an attractive hedge against inflation. Bitcoin now faces resistance at $112,600, with key support moving to $108,700.”
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