Friday (27) started with another day of mixed market and lighter lows. Bitcoin and Ethereum, for example, recorded much lighter drops compared to last Thursday. Meanwhile, according to CoinGecko, other coins such as XRP, Polkadot and Tron have emerged with a positive balance. Bitcoin, the main currency of the cryptocurrency market, came to fall to $ 28,000 overnight, but soon recovered. By 9am, the price of BTC was at $29,015, down by just 0.3% in 24 hours.
Ethereum, the second-largest cryptocurrency, posted a slightly larger loss. In the last 24 hours, ETH has dropped by around 2.2%. According to CoinGecko, the current price of Ethereum is $1,778.
As a result, the global cryptocurrency market on Friday, May 27, was down 4.46% from the previous day, reaching $1.19 trillion at the time of writing. The data is according to CoinMarketCap.
Price of top cryptocurrencies
Third and fourth on the list of top cryptocurrencies are Tether (USDT) and USD Coin (USDC) which have maintained their parity with the US dollar. In fifth place in the largest market economies is Binance coin (BNB), which after losing two positions in the market, continues to make losses. In the last 24 hours, BNB registered another 3.2% loss for investors. The current price of BNB is $301.26. In sixth position follows XRP which, bucking the market trend, has recorded 0.5% in profits in the last 24 hours. According to CoinGecko, the current price of XRP is $0.391196. Seventh place goes to Binance USD (BUSD), a currency issued by the main exchange on the market, Binance. The BUSD remains paired with the dollar, without major variations. In eighth place among cryptocurrency economies is Cardano (ADA). In the last 24 hours, the ADA has seen a further 4.2% decline, reaching a price of $0.465671, according to CoinGecko. In ninth place is Solana (SOL), which also recorded a drop of 4.5% in the last 24 hours. The current price of SOL is US$41.70. In addition, in the tenth place among the largest economies, we have Polkadot (DOT), which also dawned against market trends. In the last 24 hours, the DOT recorded a 5.6% increase. According to CoinGecko, Polkadot’s current price is $9.74.
Tron and Ethereum Classic record high
As the cryptocurrency market is not just bearish, some altcoins have made investors happy in the last 24 hours. In addition to Polkadot (DOT), other currencies have also registered profits in the last 24 hours. This is the case, for example, of the cryptocurrency Tron (TRX), which rose 1.5% in price and was sold at a price of US$ 0.082421 in the morning. In addition to it, Ethereum Classic (ETC) rose another 4%, reaching a price of $22.79. The Cryptocurrency Chain (XCN), has taken a leap in the last 24 hours and has already appreciated more than 70%. The current price of the cryptocurrency is $0.181808. In addition, some De-Fi and play-to-earn gaming tokens have also appreciated in value. Tokens such as DEP, VEED, STARL and THETA have all seen gains in the last 24 hours. And in some cases, profits reached 12%. Also read: Terra 2.0: check out Friday’s launch key information Also read: Ethereum has the lowest rates in almost a year Also read: Bitfinex lists ATLAS and POLIS tokens from the popular game Star Atlas
