Crypto Prices Today: Bitcoin Price Hits $109,586, Ethereum Up 1.87% to $2,565

Bitcoin price today jumps 1.22%, indicating bullish signals in the overall crypto market today
Crypto Prices Today: Bitcoin Price Hits $109,586, Ethereum Up 1.87% to $2,565
Written By:
Aayushi Jain
Published on

Key Takeaways

  • Bitcoin Price Today surges to $109,586, up 1.22%, with Michael Saylor hinting at a fresh Bitcoin purchase.

  • Ethereum Price is approaching a key resistance zone near $2,800. Meanwhile, ADA is leading gains with a 2.53% jump.

  • Pakistan allocates 2,000 MW of surplus energy for Bitcoin mining and AI centers as Trump crypto ventures raise ethical concerns. 

The crypto market today is showing strong momentum, rising by 1.36% as of 10:35 AM on May 26. It reached a total valuation of $3.44 trillion. Bitcoin has surged close to the $110,000 mark, while Ethereum and several key altcoins post notable gains. Institutional interest and significant global developments are fueling optimism across the digital asset sector.

Crypto Prices Today

Let’s delve into crypto prices today and the top ten tokens to understand what to expect in the coming days.

Bitcoin (BTC) Nears $110K With 1.22% Gain

Bitcoin price today hit $109,586.76, gaining 1.22% in the past 24 hours. Its market cap stands at $2.17 trillion with a 24-hour trading volume of $46.2 billion. With 19.86 million BTC in circulation, Bitcoin reflects bullish investor sentiment.

Fueling optimism, Strategy co-founder Michael Saylor hinted at another Bitcoin buy. On X (formerly Twitter), he posted his usual Sunday BTC chart that often precedes a MicroStrategy BTC purchase:

MicroStrategy currently holds 576,230 BTC. The total value of its BTC holdings is over $62.5 billion, with unrealized gains of $22 billion. Investors watch MicroStrategy closely as an indicator of institutional interest in Bitcoin.

Ethereum (ETH) Gains Nearly 2%, Holds Above $2,500

Ethereum price is currently $2,565.38, marking a 1.87% increase over the last day. It has a $309.7 billion market cap and a trading volume of $13.4 billion. Ethereum’s supply is 120.72 million ETH.

ETH is up more than 40% in the past month after rebounding from lows near $1,800. However, the $2,800 level may act as a key resistance. According to Glassnode, the $2,800 level is a major cost-basis zone for many holders. This could lead to selling pressure as loss-making investors aim to break even.

Additionally, Santiment’s on-chain data shows that the Taker Buy-Sell Ratio is declining. Thus, indicating a rise in selling behavior in the derivatives market. Despite these signals, Ethereum still trades above key moving averages, suggesting the broader trend remains upward.

Major Altcoins On Bull Run

All altcoins under the top ten cryptocurrencies are in green today, following Bitcoin’s lead:

XRP: It posted a modest 1.06% gain, trading at $2.34. It maintains a $137.88 billion market cap and $2.05 billion daily volume. The circulating supply stands at 58.68 billion XRP.

XRP price declined 5.53% on Friday and found support around its 50-day EMA at $2.30 during the weekend.  If the 50-day EMA continues to hold as support, XRP could extend the recovery to retest its next resistance level at $2.72.

BNB: It is up 1.16%, priced at $673.85. It holds a market capitalization of $94.94 billion and a trading volume of $1.59 billion. With 140.88 million BNB in circulation, the token shows consistent movement in line with market trends.

Solana (SOL): It continues to gain traction, rising 1.80% to $177.25. Its market cap is $92.22 billion with a $3.17 billion trading volume. 520.28 million SOL are circulating, as investor interest in Solana’s DeFi and NFT capabilities remains strong.

Cardano (ADA): It has surged 2.53% to $0.7618, the highest among the top 10 cryptocurrencies today. It has a $26.92 billion market cap and $632.43 million in daily trading volume. ADA’s circulating supply stands at 35.33 billion. Cardano’s price momentum reflects growing confidence in its scalability and development progress.

TRON (TRX): It gained 0.24%, now priced at $0.2726. Its market capitalization is $25.87 billion and trading volume reached $540.81 million. With 94.87 billion TRX in circulation, TRON continues to be a leader in stablecoin transaction volume and DeFi infrastructure.

Also Read: Altcoins Rally as Bitcoin Stabilizes: 5 Projects to Watch Now

Meme Coin DOGE Rises to $0.2277

Dogecoin, the top meme coin, is up 1.65%, priced at $0.2277. It boasts a $34.04 billion market cap and a $1.49 billion daily volume. 149.41 billion DOGE are in circulation. Social media buzz and community strength are driving the gains.

Stablecoins Hold Steady

Tether (USDT):  It remains steady at $1.00, with a negligible 0.03% uptick. Its market cap is $152.8 billion, supported by a $66.47 billion 24-hour trading volume. With 152.73 billion USDT in circulation, it continues to anchor liquidity across the crypto market today.
 

USD Coin (USDC): The token is trading at $0.9999, changing by just 0.01%. The stablecoin’s market cap is $61.69 billion, backed by $8.94 billion in volume. Its circulating supply matches its market cap at 61.7 billion USDC.

Key Developments Impacting the Crypto Ecosystem

The following global developments may affect crypto prices today and beyond:

Pakistan Crypto Venture: Pakistan has allocated 2,000 MW of surplus power for Bitcoin mining and AI hubs to boost foreign investment. This makes Pakistan a new player in crypto infrastructure development, enhancing the global hash rate and reinforcing institutional interest.

Rising Crypto Wallet Adoption: Cathie Wood reaffirmed the lasting relevance of crypto ETFs despite rising wallet adoption. Wood stated, “I think ETFs are an important stepping stone… they will be a stepping stone into wallet-based [crypto use].” Bitbo data shows 200 million active Bitcoin wallets globally. Moreover, $2.75 billion flowed into US-based spot Bitcoin ETFs in the week ending May 23.

Ethical Debate on Trump Crypto: Meanwhile, Donald Trump's controversial crypto ventures, including meme tokens and foreign-linked deals, have sparked ethical concerns and bipartisan scrutiny. Senate Democrats, led by Jeff Merkley and Chuck Schumer, have introduced legislation to prevent Trump from leveraging public office for crypto profits.

“There is the appearance if not the reality of corruption in the upcoming dinner with Trump on the 22nd at his Virginia golf club for the 220 biggest Trump meme coin buyers and the private reception he’s promised for the top 25 buyers, plus the separate $2bn deal between World Liberty Financial and the Abu Dhabi investment vehicle,” said Richard Painter, a former ethics adviser to President George W. Bush.

These developments could have implications for how crypto regulations evolve under future administrations.

Market Outlook: Altcoins Outperform Bitcoin

The crypto market today is seeing broad-based gains with a 1.22% rise. Bitcoin price leads in overall value. However, altcoins like Cardano (+2.53%) and Solana (+1.80%) are outperforming BTC in daily returns. Ethereum’s continued rally toward $2,800 could either trigger a breakout or selling pressure, depending on market behavior near the resistance zone. Stablecoins like Tether and USDC provide ample liquidity. 

Conclusion

Crypto prices today are riding a wave of optimism, boosted by institutional moves and macro-level infrastructure plans. With Bitcoin nearing the $110K mark, Ethereum maintaining strength, and altcoins outperforming, the market is set for continued upward momentum.

Strategic shifts by countries like Pakistan and influential voices like Michael Saylor and Cathie Wood only strengthen the bullish case for cryptocurrencies in 2025. Trump’s billion-dollar crypto ventures are raising ethical red flags. Thus, the crypto market in May 2025 is at a crossroads, one defined by both opportunity and scrutiny.

Also Read: Crypto Market Update: DOJ Targets Qakbot Developer, Semler Adds BTC, CZ Refutes WSJ Report

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