On Wednesday, May 28, 2025, the cryptocurrency market is experiencing a state of divergence, with most currencies recording notable increases, while Bitcoin saw a slight decline.
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📈 Performance of Major Cryptocurrencies
Bitcoin (BTC): decreased by 0.37% over the past 24 hours, bringing its price to approximately $108,586.
Ethereum (ETH): increased by 0.95%, reaching approximately $2,638.
BNB: recorded an increase of 0.48%, bringing its price to $684.25.
XRP: decreased by 0.93%, bringing its price to $2.29.
Solana (SOL): decreased by 1.42%, bringing its price to $173.40.
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🌐 Market Overview
Total Market Cap: Approximately $3.55 trillion, with an increase of 2.7% over the past 24 hours.
Daily Trading Volume: Approximately $113 billion.
Bitcoin Dominance: approximately 60.9% of the market, while Ethereum constitutes about 8.95%.
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📰 Major Influential News
The "Bitcoin 2025" Conference: Investors are anticipating the "Bitcoin 2025" conference, contributing to a sense of anticipation in the market.
Legal Developments: Legal cases, such as the SEC vs. Ripple case, continue to impact the prices of some currencies.
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📌 Summary
The cryptocurrency market today shows a divergence in performance, with increases in some currencies and declines in others. Investors are advised to closely monitor economic and legal developments, given their direct impact on market movements.