Crypto update for today, 27 May Tuesday
The global cryptocurrency market is experiencing a slight downturn, with the total market capitalization falling by 0.96% to \$3.43 trillion. Bitcoin ($BTC ) is trading at around \$109,610, down 0.29% on the day, while Ethereum ($ETH ) has gained 2.20%, now priced at \$2,629.48. Other major cryptocurrencies show mixed performance. $BNB is up 1.11% at \$681.61, XRP has dropped 1.70% to \$2.31, and Cardano ($ADA) is slightly down 0.24%, trading at \$0.7687. Despite the minor dip in Bitcoin, investor sentiment remains bullish, with the Bitcoin Fear & Greed Index showing a strong "Greed" level at 74. Among altcoins, H2O DAO stands out with a surge of 57.36%, making it the top performer among the top 200 tokens. Ethereum’s recent Pectra upgrade has boosted investor confidence, contributing to its upward momentum.
