Cryptocurrency Price Today (May 28): Bitcoin Rises Above $109,000, SPX Becomes Top Gainer
Bitcoin (BTC), the world’s oldest and most valued crypto, managed to rise above the $109,000 mark early Wednesday. 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. SPX6900 (SPX), which was the biggest loser yesterday, turned out to be the biggest gainer today, with a 24-hour jump of nearly 15 percent. Monero (XMR) turned out to be the biggest loser today, with a 24-hour dip of nearly 13 percent.
The global crypto market cap stood at $3.43 trillion at the time of writing, registering a 24-hour jump of 0.22 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $109,035.54, registering a 24-hour dip of 0.23 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 92.98 lakh.
Ethereum (ETH) Price Today
ETH price stood at $2,649.55, marking a 24-hour jump of 3.23 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 0.33 percent, as per CoinMarketCap data, currently priced at $0.2252. Dogecoin price in India stood at Rs 19.37.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour jump of 1.08 percent. At the time of writing, it was trading at $95.84. LTC price in India stood at Rs 8,189.32.
Ripple (XRP) Price Today
XRP price stood at $2.31, seeing a 24-hour dip of 0.61 percent. Ripple price in India stood at Rs 199.17.
Solana (SOL) Price Today
Solana price stood at $175.22, marking a 24-hour gain of 0.64 percent. SOL price in India stood at Rs 14,097.14.
Top Crypto Gainers Today (May 28)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
SPX6900 (SPX)
Price: $0.966
24-hour gain: 14.86 percent
Virtuals Protocol (VIRTUAL)
Price: $2.42
24-hour gain: 13.22 percent
Injective (INJ)
Price: $15.23
24-hour gain: 8.79 percent
Walrus (WAL)
Price: $0.579
24-hour gain: 7.96 percent
PancakeSwap (CAKE)
Price: $2.80
24-hour gain: 7.56 percent
Top Crypto Losers Today (May 28)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Monero (XMR)
Price: $347.57
24-hour loss: 12.63 percent
Render (RENDER)
Price: $4.45
24-hour loss: 6.10 percent
Hyperliquid (HYPE)
Price: $35.57
24-hour loss: 3.68 percent
Fartcoin (FARTCOIN)
Price: $1.37
24-hour loss: 2.59 percent
GateToken (GT)
Price: $20.74
24-hour loss: 1.68 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Edul Patel, CEO and co-founder, Mudrex, told ABP Live, “Bitcoin is trading at $108,800 after attempting to break the resistance near $111,000. BTC is currently in a re-accumulation phase, where steady buying interest is helping maintain bullish momentum. Market sentiment was further boosted by President Trump’s media company announcing plans to raise $2.5 billion to establish a Bitcoin treasury. Meanwhile, Ethereum has taken the spotlight as SharpLink Gaming revealed plans to build the first ETH treasury with a target of 120,000 ETH. This has triggered a surge in futures activity, with ETH open interest hitting a record $36.1 billion, opening the door for a move toward $3,000.”
CoinSwitch Markets Desk noted, “BTC briefly touched the $110K mark in intraday trading before retreating to around $108,800. Notably, Coinbase saw a major BTC inflow, with 1,588 BTC—worth over $150 million—transferred in two rapid transactions. Meanwhile, Trump Media & Technology Group, the parent company of Truth Social, unveiled plans to raise $2.5 billion through a mix of stock and convertible bonds to accumulate Bitcoin. Circle, the issuer of USDC, has officially launched its IPO on the NYSE, targeting a $624 million raise at a $6 billion valuation.”
Shivam Thakral, CEO of BuyUcoin, said, “Bitcoin is currently trading around $108,800 - $109,179, showing a slight decrease of around 0.66% in the last 24 hours. It has been consolidating near this level as traders await clearer breakout or breakdown signals. Ethereum has shown some positive movement, regaining a significant technical level that has historically led to price increases and potentially an "altseason." It's currently trading around $2,530 - $2,660. Trump’s media company recently announced to purchase $2.5 billion in Bitcoin, which could boost the market sentiment in the short-term.”
Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “Bitcoin, once digital gold, now pulses as the world’s financial heartbeat—rising past $110,000, driven by institutional hunger and sovereign strategy. It's no longer just an asset; it's a geopolitical statement, with governments hoarding it like oil. Yet beneath the bullish roar lies quiet volatility, a reminder that even titans sway. ETFs opened the gates for the masses, but the climb remains jagged. Like Prometheus’ flame, Bitcoin brings power and peril—lighting futures, burning the unprepared. As whispers of $250K swirl, remember: in crypto, faith fuels fortune, and fear shapes the floor. Hold not just coins—but conviction, or be shaken out.”
Avinash Shekhar, Co-founder & CEO, Pi42, said, “Bitcoin’s recent volatility highlights the delicate balance between macroeconomic triggers and bullish market sentiment. Despite a dip to $107,500 following geopolitical tensions, BTC has shown resilience, reclaiming the $109,500 mark and holding strong dominance at 61%. While most altcoins are slightly in the red, Ethereum remains stable around $2,600, showcasing investor confidence. Overall, the market remains in a consolidation phase, with eyes on further macro developments and potential breakout signals.”
CoinDCX Research Team noted, “The crypto markets remain restricted within a horizontal consolidation as the top cryptos accumulated within a narrow range. While Bitcoin price trades just below $109,000, Ethereum has managed to defend the support at $2600. With this, the other tokens within the top 10 manage to consolidate above the pivotal support range. Top gainers include Virtuals Protocol and SPX6900, surging above 12%, while PancakeSwap, Walrus, Sui, Quant, Injective, Ethereum Name Service, etc and a few more attract over 4% to 5% gains. Besides, Monero and Render drop by 12.6% & 7.74%, followed by HYPE, UNI & FARTCOIN.”
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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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