Cryptocurrency Price Today (May 27): Bitcoin Dips Below $109,000, CAKE Becomes Top Gainer
Bitcoin (BTC), the world’s oldest and most valued crypto, dipped below the $109,000 mark early Tuesday. Other popular altcoins — including the likes of Ethereum (ETH), Solana (SOL), Ripple (XRP), and Litecoin (LTC) — saw minor losses across the board as the overall Market Fear & Greed Index stood at 68 (Greed) out of 100, as per CoinMarketCap data. PancakeSwap (CAKE) became the biggest gainer, with a 24-hour jump of nearly 12 percent. SPX6900 (SPX) turned out to be the biggest loser today, with a 24-hour dip of over 6 percent.
The global crypto market cap stood at $3.42 trillion at the time of writing, registering a 24-hour dip of 0.67 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $108,859.03, registering a 24-hour dip of 0.58 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 92.98 lakh.
Ethereum (ETH) Price Today
ETH price stood at $2,557.40, marking a 24-hour loss of 0.28 percent at the time of writing. Ethereum price in India stood at Rs 2.18 lakh.
Dogecoin (DOGE) Price Today
DOGE registered a 24-hour jump of 1.84 percent, as per CoinMarketCap data, currently priced at $0.2235. Dogecoin price in India stood at Rs 19.37.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour dip of 2.58 percent. At the time of writing, it was trading at $94.06. LTC price in India stood at Rs 8,189.32.
Ripple (XRP) Price Today
XRP price stood at $2.28, seeing a 24-hour loss of 2.48 percent. Ripple price in India stood at Rs 199.17.
Solana (SOL) Price Today
Solana price stood at $172.76, marking a 24-hour dip of 2.69 percent. SOL price in India stood at Rs 14,097.14.
Top Crypto Gainers Today (May 27)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
PancakeSwap (CAKE)
Price: $2.68
24-hour gain: 11.75 percent
Quant (QNT)
Price: $106.54
24-hour gain: 10.69 percent
Jupiter (JUP)
Price: $0.6028
24-hour gain: 6.29 percent
Four (FORM)
Price: $3.01
24-hour gain: 4.50 percent
Uniswap (UNI)
Price: $6.56
24-hour gain: 4.44 percent
Top Crypto Losers Today (May 27)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
SPX6900 (SPX)
Price: $0.8391
24-hour loss: 6 percent
Bonk (BONK)
Price: $0.00002013
24-hour loss: 5.37 percent
Sui (SUI)
Price: $3.45
24-hour loss: 4.78 percent
Pi (PI)
Price: $0.7462
24-hour loss: 4.70 percent
Sonic (S)
Price: $0.4418
24-hour loss: 4.12 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Alankar Saxena, CTO and co-founder, Mudrex, told ABP Live, “Bitcoin briefly reclaimed the $110,000 mark before seeing some profit-taking at higher levels. Market sentiment has improved as Trump delayed the proposed 50% tariffs on EU imports. Moreover, whales and market makers remain confident as Bitcoin options trade at negative 6%, which is a typical characteristic of bullish markets. Meanwhile, the M2 money supply, which reflects the total liquidity, recently hit a new all-time high. Historically, BTC has closely mirrored this trend with a slight delay, indicating further upside going forward. Currently trading above $108,500, BTC faces resistance at $111,000 while support remains at $105,200.”
CoinSwitch Markets Desk noted, “BTC briefly touched an intraday high of $110K after Strategy purchased 4,020 BTC for $427 million at an average price of $106K, alongside reports that President Trump’s media company is aiming to raise $3 billion to invest in crypto. The price later pulled back, with BTC currently trading around $108,400. ETH remains stable near the $2,500 mark. In the Middle East, the Dubai Land Department has launched Prypco Mint, the region’s first tokenized property investment platform, highlighting the growing interest in real-world asset tokenization.”
Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “As of May 27, 2025, Bitcoin trades at $108,956, showing a slight dip after reaching an all-time high of $110,524. Market sentiment remains bullish, fueled by institutional demand and U.S. regulatory support. President Trump's executive order creating a Strategic Bitcoin Reserve and Trump Media’s $3B crypto fund have boosted investor confidence. Analysts forecast a short-term rise to $120K and long-term potential near $200K by year-end. However, $11.4B in profits booked by short-term holders may trigger brief consolidation. Despite volatility and security concerns, Bitcoin continues to solidify its role as a reserve asset and hedge against inflation.”
Avinash Shekhar, Co-founder & CEO, Pi42, said, “Bitcoin's recent surge past $110,000 reflects a confluence of favorable macroeconomic factors, institutional adoption, and evolving regulatory landscapes. The cryptocurrency's resilience, even amid market volatility, underscores its maturation as a digital asset. The broader crypto market has also witnessed significant gains, with altcoins reaching new all-time highs, indicating robust investor confidence and market participation.”
Shivam Thakral, CEO of BuyUcoin, said, “Bitcoin rally seems to be losing steam as BTC is trading below $110,000 mark. The reason for the current dip might be profit booking by short-term traders who might have liquidated their positions to create fresh ones. On the regulatory front, the U.S. Senate is expected to vote on the GENIUS Act, which could bring new crypto regulations and influence innovation in the sector. FTX second repayment could also boost market liquidity, increasing trading activity across broader crypto market.”
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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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