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Cryptocurrency Market: Bitcoin Declines While Ethereum and Others Rise

Cryptocurrency Market: Bitcoin Declines While Ethereum and Others Rise

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by Giorgi Kostiuk

7 hours ago


On May 23, 2025, the cryptocurrency market exhibited mixed price movements, with some major digital assets showing gains while Bitcoin experienced a decline.

Market Overview

According to CoinMarketCap, as of 3:00 PM KST, Bitcoin (BTC) fell by 0.49% to $110,447.24, while Ethereum (ETH) rose by 2.18% to $2,670.73. XRP (XRP) also saw an increase of 1.66%, reaching $2.44. Other major cryptocurrencies witnessed upward movements as well.

Top Gainers and Losers

Worldcoin (WLD) recorded the highest gain over 24 hours among the top 100 cryptocurrencies, rising by 25.01%. Walrus (WAL) experienced the largest drop with a 12.08% decline. Other notable altcoins included Quai Network (QUAI) trading at $0.08244 (+2.31%) and Aleo (ALEO) seeing a 0.09% rise to $0.2101.

New Cryptocurrencies on the Market

Several new cryptocurrencies were listed on CoinMarketCap in the last 24 hours, including: MCP AI (MCP) at $0.010138, SOON (SOON) at $0.9921, BRANDY (BRANDY) at $0.00108, Zeus (ZEUS) at $0.07185, and others.

The cryptocurrency market on May 23 showcases diverse trends, where some assets continue to rise while others face declines. This highlights the high volatility and variability of the digital asset market.

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