Bitcoin price today May 31: Slight recovery, trading around 68,600 USD

According to Coindesk data, updated as of 11:10 a.m. on May 31, Bitcoin price traded at 68,600.49 USD/BTC, up 0.99% in the past 24 hours. The liquidity of the cryptocurrency with the largest market capitalization is at 51.04 billion USD, an increase of 0.22% compared to May 30. Bitcoin's market capitalization reached 1,350 billion USD, accounting for 51.71% of the total capitalization of the cryptocurrency market.

Photo: Coin Desk

The entire market capitalization recorded at 11:20 was 2,615.23 billion USD, down 0.05% compared to 24 hours ago.

It is known that ETH is trending down 0.56%, trading at 3,768.22 USD/ETH. Accordingly, a series of other cryptocurrencies also tended to decrease in the past 24 hours. BNB and XRP - other popular cryptocurrencies - have a correction trend.

At 11:15 a.m., among the 10 cryptocurrencies with the largest capitalization value, up to 8 coins tended to decrease compared to the previous 24 hours. Accordingly, DOGE is the coin with the largest decreasing trend at 2.70%.

Isabella Humphrey

Update 31 May 2024