Cryptocurrency Price Today (May 29): Bitcoin Dips Below $108,000, Uniswap Becomes Top Gainer
Bitcoin (BTC), the world’s oldest and most valued crypto, dipped below the $108,000 mark early Thursday. 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 65 (Greed) out of 100, as per CoinMarketCap data. Uniswap (UNI) turned out to be the biggest gainer today, with a 24-hour jump of nearly 15 percent. FARTCOIN turned out to be the biggest loser today, with a 24-hour dip of over 6 percent.
The global crypto market cap stood at $3.42 trillion at the time of writing, registering a 24-hour dip of 0.53 percent.
Bitcoin (BTC) Price Today
Bitcoin price stood at $107,654.51, registering a 24-hour dip of 1.27 percent, as per CoinMarketCap. According to Indian exchanges, BTC price stood at Rs 92.98 lakh.
Ethereum (ETH) Price Today
ETH price stood at $2,725.11, marking a 24-hour jump of 3.10 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 0.36 percent, as per CoinMarketCap data, currently priced at $0.2249. Dogecoin price in India stood at Rs 19.37.
Litecoin (LTC) Price Today
Litecoin saw a 24-hour jump of 1.19 percent. At the time of writing, it was trading at $96.89. LTC price in India stood at Rs 8,189.32.
Ripple (XRP) Price Today
XRP price stood at $2.28, seeing a 24-hour dip of 0.89 percent. Ripple price in India stood at Rs 199.17.
Solana (SOL) Price Today
Solana price stood at $172.17, marking a 24-hour loss of 1.70 percent. SOL price in India stood at Rs 14,097.14.
Top Crypto Gainers Today (May 29)
As per CoinMarketCap data, here are the top five crypto gainers over the past 24 hours:
Uniswap (UNI)
Price: $7.42
24-hour gain: 14.30 percent
Toncoin (TON)
Price: $3.27
24-hour gain: 8.79 percent
SPX6900 (SPX)
Price: $1.06
24-hour gain: 7.99 percent
Lido DAO (LDO)
Price: $0.9679
24-hour gain: 7.19 percent
Ethereum Name Service (ENS)
Price: $24.45
24-hour gain: 5.73 percent
Top Crypto Losers Today (May 29)
As per CoinMarketCap data, here are the top five crypto losers over the past 24 hours:
Fartcoin (FARTCOIN)
Price: $1.28
24-hour loss: 6.25 percent
Hyperliquid (HYPE)
Price: $33.62
24-hour loss: 5.69 percent
Bittensor (TAO)
Price: $430.56
24-hour loss: 5.33 percent
Jupiter (JUP)
Price: $0.5893
24-hour loss: 4.65 percent
Vaulta (A)
Price: $0.7412
24-hour loss: 4.34 percent
What Crypto Exchanges Are Saying About Current Market Scenario
Alankar Saxena, CTO and co-founder, Mudrex, told ABP Live, “Bitcoin bounced back above $108,200 after testing support near the $106,800 levels. The market is now preparing for the $5 billion in liquidity expected from FTX’s upcoming creditor payouts. This liquidity is likely to flow into assets like Bitcoin and Ethereum, helping them push beyond the resistance levels. Meanwhile, $2.4 billion in Ether options will expire this week, which could support ETH’s attempt to break above the $3000 mark. Additionally, macroeconomic data, such as U.S. jobless claims and GDP data scheduled for later today, could further influence market sentiment.”
CoinSwitch Markets Desk noted, “Bitcoin (BTC) experienced a modest decline of~ 0.5%, settling at ~$108K. The day’s trading saw BTC reaching a high of ~$109K and dipping to a low of ~$107K. Ethereum (ETH) showed resilience, gaining ~4% to close at $2,761.15. In a significant move, GameStop (GME) announced the acquisition of 4,710 bitcoins, valued at approximately $513 million. This strategic investment, funded through a $1.3 billion convertible bond offering, marks GameStop’s entry into the cryptocurrency space. Despite the bold move, GME shares declined by 10.9% on the day, reflecting investor caution. Meanwhile, traditional markets have also experienced a decline with both S&P500 and Nasdaq Composite down nearly 0.5%.”
Avinash Shekhar, Co-founder & CEO, Pi42, said, “Bitcoin continues to show resilience around the $109K mark despite macroeconomic shocks, such as renewed tariff threats from the U.S. administration. The brief dip post-Pizza Day highs reflects profit-taking behavior, but the quick recovery suggests strong underlying bullish sentiment. Meanwhile, Monero’s double-digit drop signals a potential shift in investor sentiment toward more transparent or regulation-compliant assets amid increasing scrutiny on privacy coins. The overall crypto market remains steady, with select altcoins like SUI showing strength, driven by project-specific developments. Going forward, we expect Bitcoin’s consolidation around current levels to lay the foundation for a potential breakout, especially if macro conditions stabilize.”
Sathvik Vishwanath, CEO and co-founder of Unocoin, said, “As of May 29, 2025, Bitcoin trades around $108,025, consolidating after recent highs. RSI at 42 shows it’s nearing oversold territory, while support holds near the 50-day moving average. Analysts predict Bitcoin could rise to $117,000–$121,000 in June, with July potentially reaching $154,000. Long-term forecasts are bullish: estimates for late 2025 range from $200,000 to $330,000, with some projecting $1 million by 2030. Institutional interest, ETF inflows, and the U.S. government’s strategic Bitcoin reserve are strengthening its position as a store of value. Despite volatility and regulatory uncertainties, Bitcoin continues to attract strong demand and bullish sentiment from both retail and institutional investors.”
Shivam Thakral, CEO of BuyUcoin, said, “Following Bitcoin’s recent surge to nearly $112,000, many short-term holders have opted to lock in profits, contributing to selling pressure. dditionally, the broader market sentiment has turned cautious, with the Crypto Fear & Greed Index indicating heightened fear among investors due to tariff turmoil in the US and other geo-political tensions. The crypto market is expected to remain choppy in the coming weeks.”
CoinDCX Research Team noted, “Bitcoin, Ethereum, XRP, and the rest of the top 10 cryptos are hovering within a narrow range, which could have impacted the entire market. However, some of the altcoins continue to gain massive strength, including the popular DeFi token, Uniswap, which surged over 17%. Besides SPX6900, Toncoin and Lido DAO also surged with a huge double-digit margin. Meanwhile, the loss margin is pretty less as XDC Network, which leads the losers, has plunged by 4.74%, followed by Fartcoin & Walrus at over 3% each.”
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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.