Cryptocurrency Price Today (May 22): Bitcoin Sets New All-Time High, Soars Past $110,000. Find Out Why
Bitcoin (BTC), the world’s oldest and most valued crypto, managed to set a new all-time high (ATH) early Thursday, crossing the $110,000 mark for the first time ever. Macro tailwinds and a relaxation in global tensions are believed to have led to increased investors’ confidence. Other popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — landed in the green across the board as the overall Market Fear & Greed Index stood at 73 (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 $3.47 trillion at the time of writing, registering a 24-hour jump of 3.01 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $110,840.38, registering a 24-hour gain of 3.59 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 88.10 lakh.
Ethereum (ETH) Price Today
ETH price stood at $2,605.97, marking a 24-hour jump of 2.24 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 4.56 percent, as per CoinMarketCap data, currently priced at $0.2399. Dogecoin price in India stood at Rs 18.63.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour gain of 4.37 percent. At the time of writing, it was trading at $98.79. LTC price in India stood at Rs 8,144.86.
Ripple (XRP) Price Today
XRP price stood at $2.40, seeing a 24-hour jump of 1.70 percent. Ripple price in India stood at Rs 199.58.
Solana (SOL) Price Today
Solana price stood at $175.03, marking a 24-hour gain of 2.93 percent. SOL price in India stood at Rs 14,097.14.
Top Crypto Gainers Today (May 22)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
SPX6900 (SPX)
Price: $0.8833
24-hour gain: 19.71 percent
Hyperliquid (HYPE)
Price: $30.34
24-hour gain: 14.78 percent
dogwifhat (WIF)
Price: $1.14
24-hour gain: 13.50 percent
Core (CORE)
Price: $0.8662
24-hour gain: 12.74 percent
Bitcoin SV (BSV)
Price: $39.57
24-hour gain: 10.96 percent
Top Crypto Losers Today (May 22)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
EOS (EOS)
Price: $0.7534
24-hour loss: 3.56 percent
KuCoin Token (KCS)
Price: $11.37
24-hour loss: 2.90 percent
Aave (AAVE)
Price: $252.03
24-hour loss: 2.52 percent
Walrus (WAL)
Price: $0.642
24-hour loss: 1.48 percent
Story (IP)
Price: $4.48
24-hour loss: 1.31 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Edul Patel, CEO and co-founder, Mudrex, told ABP Live, “Bitcoin created another milestone, hitting a new all-time high of $110,700, gaining over 48% from its recent lows. The rally is driven largely by geopolitical de-escalation, an improved regulatory environment, and macro tailwinds. The approval of the Stablecoin Bill and easing trade restrictions have significantly improved investor sentiment, helping BTC hit a new ATH just four months after the previous ATH in January. Institutional demand remains strong, with spot ETFs seeing $2.2 billion in inflows over the past 10 sessions. Furthermore, CryptoQuant data shows a steady return of retail investors, with smaller wallets re-entering the market, bringing fresh liquidity and signalling broader market confidence.”
Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “Bitcoin (BTC) is showing strong bullish momentum on the daily chart. Trading above all key EMAs, with EMA(7) at $107,215 and current price at $110,476, it confirms upward strength. RSI(6) is at 83.83—deep in overbought territory, indicating caution. MACD is widening positively, and StochRSI is still high at 78.35, showing continued upward pressure. BTC broke previous resistance of $110,000 and now targets $111,741.83. However, a temporary pullback to $107,800–$108,300 is likely before next leg up. Consolidation above $110K confirms bullish control. If volume sustains, BTC could reach $113K–$115K zone within 3–5 days. Watch for whale-driven wicks.”
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Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Cryptocurrency is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Cryptocurrency market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.
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