Cryptocurrency market as of May 24

Today, May 24, the cryptocurrency market showed significant growth, especially in the Bot, Meme and Arbitrum segments. According to Odaily, the growth leaders were BANANA (+10.62%), TURBO (+48.87%) and BBO (+20.00%). ZERC, DOG, and KATT showed the biggest gains in real time, while BTC, ETH, and DOGE lead by trading volume.
At the same time, for information Foresight News, the market is expecting a significant number of Bitcoin (21,000) and Ethereum (350,000) options to expire, with a notional value of $1.4 billion and $1.3 billion, respectively. This can significantly affect the dynamics of the market, depending on the decisions of the option holders.
Key points:
- Bot, Meme and Arbitrum segments showed significant growth on May 24.
- BANANA, TURBO and BBO showed the greatest growth.
- The biggest gains in real time: ZERC, DOG and KATT.
- Leaders in trading volume: BTC, ETH and DOGE.
- A significant number of Bitcoin and Ethereum options are expected to expire, which may affect the market.
The cryptocurrency market continues to demonstrate its dynamism and potential for rapid growth. At the same time, the future of the market may depend on the decisions made by the holders of options on Bitcoin and Ethereum, which expire soon.