Crypto Price Analysis 5-27: BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, RIPPLE: XRP, ARBITRUM: ARB, DOGECOIN: DOGE

The crypto market registered a marginal decline over the past 24 hours after mixed price action from Bitcoin (BTC) and other cryptocurrencies. BTC briefly rose above $110,000 on Monday but declined to an intraday low of $107,983 during the ongoing session after failing to maintain momentum. However, the flagship cryptocurrency has rebounded and is currently trading around $109,091. 

Meanwhile, Ethereum (ETH) is on the verge of reclaiming $2,600, with the price up over 1% in the past 24 hours. Ripple (XRP) is down nearly 2%, while Solana (SOL) is down almost 2%, trading around $174. Dogecoin (DOGE) is down 1%, while Cardano (ADA) is marginally down, trading around $0.762. Stellar (XLM), Hedera (HBAR), Litecoin (LTC), and Polkadot (DOT) also registered notable declines. However, Toncoin (TON) and Chainlink (LINK) bucked the bearish trend and registered marginal increases. 

Trump Media Group Planning $3B Raise For Crypto Investments 

Trump Media Group is reportedly planning to raise $3 billion for fresh investments within the crypto ecosystem. According to reports, the group plans to raise $2 billion through fresh equity and an additional $1 billion via a convertible bond. Proceeds from the raise are expected to fund further crypto investments, including BTC purchases. An announcement from the group is expected as soon, potentially at the Bitcoin Conference in Las Vegas. The Bitcoin Conference will have US Vice President JD Vance, White House Crypto Czar David Sacks, and Trump’s sons Eric and Donald Jr. as top speakers. 

President Trump has repeatedly signaled his unwavering support for crypto. Trump stated he intends to make the US the crypto capital of the world. If the raise is successful, it will align Trump Media Group with a growing trend among publicly traded companies that use debt and equity offerings to build a Bitcoin treasure, the most prominent example being Strategy. 

Coinbase Adds Support For Tokens In Germany 

Coinbase has announced trading support for eight tokens in Germany, allowing users to buy, sell, and trade them. The eight tokens are Rocket Pool (RPL), Pudgy Penguins (PENGU), Renzo (REZ), Reserve Rights (RSR), AETHIR (ATH), Syrup (SYRUP), Pendle (PENDLE), and Layer3 (L3). Aethir jumped over 12% following the news, while Rocket Pool rose 3%. PENGU and REZ also registered marginal increases. Support for the tokens will allow Coinbase users in Germany to buy, sell, and convert these assets. The exchange will also support token transfers and storage. 

Coinbase secured regulatory approval for operations in Germany in 2021, with the German Federal Financial Supervisory Authority licensing Coinbase Germany GmbH for trading and crypto custody. 

Coinbase Faces Lawsuit After Data Breach 

Coinbase is facing a lawsuit over allegations it violated securities laws and issued misleading statements to its shareholders. The lawsuit comes a week after the exchange drew substantial criticism for revealing it had suffered a data breach. In a complaint filed in the US District Court for the Eastern District of Pennsylvania, Coinbase investor Brady Nessler alleged he suffered significant financial losses and damages due to Coinbase’s wrongful acts and omissions. According to Nessler, the exchange failed to promptly disclose that customer data was compromised. The data breach finally came to light on May 15, causing the company’s stock to plunge 7%. 

The lawsuit also alleges that Coinbase declined to disclose information related to its dealings with UK regulators in 2020, a year before the platform went public in the US. The filing stated, 

“As a result of Defendant’s wrongful acts and omissions, and the precipitous decline in the market value of the Company’s common shares, Plaintiff and other Class members have suffered significant losses and damages.”

However, Andrew Rossow, a reputation management attorney and founder of Rossow Law, stated that anyone can file a lawsuit in the US, and courts can quickly dismiss cases if they have no legal basis. 

“While almost anyone can try to sue for many reasons, there are important rules and limits. For example, courts can quickly dismiss cases that have no legal basis, even if everything the person says is true.”

Cambodian Authorities Entangled In Crypto-Fueled Scam Economy 

Cambodia’s ruling elite is entangled in a global scam economy powered by crypto, with senior officials linked to billion-dollar laundering networks and platforms built to evade oversight. According to a report by the Humanity Research Consultancy (HRC), high-ranking members of the Cambodian People’s Party have enabled and profited from transnational schemes that rely on trafficked labor and crypto. The report singled out Huione Group in particular, calling it a critical part of a “vertically integrated” scam industry worth up to $19 billion. Jacob Sims, the report’s author, stated, 

“Cambodia is likely the absolute global epicenter of next-gen transnational fraud in 2025.”

Bitcoin (BTC) Price Analysis 

Bitcoin (BTC) registered a marginal increase on Monday as its rally stalled around the $110,000 mark. The flagship cryptocurrency registered a dramatic decline on Friday as selling pressure and profit-taking weighed the price down. According to analysts, the rally stalled as short-term holders took profits to the tune of $11 billion. Renewed tariff threats also soured investor sentiment, although a moratorium saw markets react positively. BTC’s surge to a new all-time high could be linked to ongoing issues in the Japanese bond market, indicating BTC’s growing reputation as a hedge against instability in traditional financial systems. 

Analysts also attributed the surge to geopolitical developments, while macroeconomic developments have also played a significant role in dictating BTC’s recent price action. According to Bitwise’s head of European research, Andre Dragosch, Japan’s long-term bond yields have registered a substantial spike. The 30-year yield on Japanese bonds reached a new all-time high of 3.185% on May 20 before retreating to 3.115% on May 23. Government bonds are considered safe-haven assets. However, a sharp increase in yields suggests investors are concerned about fiscal sustainability and repayment risk. Dragosch stated, 

“Because yields are increasing, sustainability becomes more of an issue, meaning credit risk increases, meaning yields increase even more. And so you end up in this kind of fiscal debt doom loop. This is now affecting other bond markets, especially the US Treasury market.”

According to Dragosch, The instability in Japan’s bond market has raised sovereign risk concerns, leading to investors pivoting to BTC. 

“Bitcoin is an immutable asset. It’s free of counterparty risk. It’s a hedge against sovereign risk and sovereign default. Perceived default risk continues rising yields continue rising. This is a rough benchmark of why Bitcoin could be heading toward $200,000.”

BTC began the previous weekend in the red, registering a marginal decline on Friday (May 16) and Saturday to settle at $103,235. The price rebounded on Sunday, rising over 3% to cross $106,000 and settle at $106,489. Despite the positive end to the weekend, BTC was back in the red on Monday, dropping to an intraday low of $102,35 before rebounding to settle at $105,572, ultimately registering a drop of nearly 1%. BTC recovered on Tuesday, rising 1.21% and settling at $106,854. Bullish sentiment intensified on Wednesday as BTC rose 2.57% to cross $109,000 and settle at $109,603.

Source: TradingView

BTC raced to a new all-time high on Thursday, reaching $111,970 before registering a marginal decline and settling at $111,582.  Price action turned bearish on Friday thanks to President Trump’s renewed tariff threats. As a result, BTC fell nearly 4% to $107,356. The price recovered over the weekend, rising 0.46% on Saturday and 1.15% on Sunday to settle at $109,095. BTC remained positive on Monday, registering a marginal increase and settling at $109,453 after briefly crossing $110,000. The current session sees the flagship cryptocurrency marginally up, recovering from an intraday low of $107,577. A bearish MACD indicates sellers have the upper hand.

Ethereum (ETH) Price Analysis

Ethereum (ETH) has rebounded during the ongoing session after facing considerable selling pressure over the weekend and Monday. The world’s second-largest cryptocurrency is up nearly 3% during the ongoing session as buyer activity increases. ETH exchange flows returned to net outflows over the past 48 hours, indicating that investors are moving their assets from exchanges into private wallets. This suggests buying pressure is gaining steam across spot exchanges after three consecutive days of net inflows, or seller dominance. Despite the negligible net ETH selling recorded across crypto exchanges towards the end of last week, spot Ethereum ETFs maintained a positive structure, registering a weekly net inflow of $248 million, according to data from SoSoValue.

ETH started the previous weekend in the red, registering a marginal decline on Friday (May 16). The price continued to drop on Saturday, falling 2.44% to slip below $2,500 and settle at $2,475. ETH faced volatility and selling pressure on Sunday but ultimately registered an increase of nearly 1% and settled at $2,498. The price plunged to an intraday low of $2,349 on Monday as selling pressure intensified. However, it rebounded from this level to register an increase of 1.18%, reclaim $2,500 and settle at $2,527. ETH registered a marginal decline on Tuesday before rebounding on Wednesday and settling at $2,552.

Source: TradingView

Bullish sentiment intensified on Thursday as ETH rose over 4% to cross $2,600 and settle at $2,664. The price reached an intraday high of $2,731 on Friday but lost momentum after reaching this level and falling over 5% to $2,525. Despite the overwhelming selling pressure, ETH rebounded over the weekend, registering a marginal increase on Saturday and then rising nearly 1% on Sunday to settle at $2,551. The current week started positively, with the price registering a marginal increase and settling at $2,564. The current session sees ETH up nearly 3%, trading around $2,634. ETH faces resistance between $2,700 and $2,800. A break above this level could see the price surge to $3,000.

Solana (SOL) Price Analysis

Despite registering a significant rally the previous week, Solana (SOL) struggled to cross $180 and the 200-day SMA. SOL’s rally sparked speculations about a potential move towards $200. However, the Ethereum killer has encountered stubborn upper-level resistance, preventing a move past $180 to $200. One analyst made a bold prediction for SOL, suggesting it is nearing a rounding bottom breakout. SOL registered a 20% increase this month after an 18% reversal in April, with the recovery price action forming a U-shape, with the neckline near the $180 supply zone. A potential close above the $183 mark could indicate the beginning of the next bull run for SOL.

Source: TradingView

SOL dropped nearly 1% on Friday (May 16) and fell to $167. The price declined on Saturday, falling 0.89% to $165. Despite the bearish sentiment, SOL rebounded on Sunday, rising 4.45% to reclaim $170 and settle at $173. SOL plunged to an intraday low of $159 on Monday as selling pressure intensified. However, it rebounded to reclaim $160 and settle at $166, ultimately registering a decline of nearly 4%. Despite the negative start to the week, SOL recovered on Tuesday, rising 1.05% to $168. Buyers retained control on Wednesday, rising nearly 3% to reclaim $170 and settle at $173.

Bullish sentiment intensified on Thursday as the price registered an increase of 3.52% and settled at $179. SOL raced to an intraday day high of $187 on Friday as buying pressure increased. However, it could not stay at this level, ultimately dropping over 3% to $173. Price action was mixed over the weekend as SOL registered an increase of 1.09% on Saturday before registering a marginal decline on Sunday to settle at $175. SOL started the current week in the red, registering a marginal drop and settling at $174. The current session sees SOL marginally up, trading around $175.

Ripple (XRP) Price Analysis

Ripple (XRP) registered a marginal decline on Friday (May 16) and fell over 1% on Saturday to settle at $2.35. Despite the selling pressure, the price recovered on Sunday, rising over 3% to $2.42. XRP fell to an intraday low of $2.28 on Monday. However, it rebounded to push back above the 20-day SMA and settle at $2.38, ultimately registering a drop of 2%. Sellers retained control on Tuesday as the price fell 1% to $2.35. Despite the bearish start to the week, XRP recovered on Wednesday, rising nearly 2% to settle at $2.39.

Source: TradingView

XRP continued to push higher on Thursday, rising 1.52% to cross $2.40 and settle at $2.43. Sentiment turned bearish on Friday as XRP plunged nearly 6%, slipping below the 20-day SMA and settling at $2.29. The price recovered over the weekend, rising 44% on Saturday and 0.57% on Sunday to settle at $2.34. XRP was back in bearish territory on Monday, dropping 1.37% to $2.31. The current session sees XRP marginally up as buyers and sellers struggle to establish control.

Arbitrum (ARB) Price Analysis

Arbitrum (ARB) started the previous weekend with a steep decline, falling nearly 4% on Saturday (May 17)  and settling at $0.376. ARB recovered on Sunday, rising over 5% to end the weekend at $0.395. The price fell to an intraday low of $0.364 on Monday as selling pressure intensified. However, it rebounded from this level to settle at $0.392, ultimately registering a drop of nearly 1%. ARB recovered on Tuesday, registering a marginal increase despite selling pressure and settling at $0.394. Bullish sentiment intensified on Wednesday as the price registered a rise of 4.52% to cross $0.40 and settle at $0.411.

Source: TradingView

Buyers retained control on Thursday as ARB rose over 4% and moved to $0.429. Despite the positive sentiment, ARB plunged nearly 9% on Friday as selling pressure returned and settled at $0.391. The price registered a marginal increase on Saturday before falling to an intraday low of $0.375 on Sunday. However, it rebounded from this level and settled at $0.394, ultimately registering an increase of 0.46%. ARB was back in the red on Monday, registering a marginal decline and settling at $0.392. The price reclaimed $0.40 during the ongoing session, recovering from a low of $0.28, trading around $0.403.

Dogecoin (DOGE) Price Analysis

Unlike others, Dogecoin (DOGE) started the previous weekend positively, rising 1.14% on Friday (May 16) and settling at $0.221. However, it lost momentum on Saturday, dropping over 3% to $0.214. The price recovered on Sunday, surging nearly 9% and settling at $0.233. Despite the positive sentiment, DOGE was back in the red on Monday, dropping to an intraday low of $0.213 before rebounding to settle at $0.224, ultimately registering a decline of almost 4%. The price recovered on Tuesday, registering a marginal increase and settling at $0.226.

Source: TradingView

DOGE continued to push higher on Wednesday, rising over 3% and settling at $0.233. Bullish sentiment intensified on Thursday as the price rose nearly 5% and settled at $0.244. Despite the positive sentiment, DOGE plunged almost 8% on Friday and settled at $0.225. Price action was muted over the weekend as DOGE registered marginal increases on Saturday and Sunday. The current week began in the red as the price fell 0.18%. However, the price has recovered during the ongoing session, up 1.51%, trading around $0.228.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.