What Happened in Crypto Today? Full Market Recap Inside Now

What Happened in Crypto Today? Coinbase Hack to FTX Repayment—All In

The current market cap of cryptocurrencies is $3.33 trillion, an increase of 1.65%. The 24-hour trade volume increased by 11.48% to $130.41 billion. This indicates more purchases and sales of crypto today. Let's check out today's top 5 major happenings in the market.

Today’s 5 Crypto Insights in Short

XRP Price Falls Again: Can It Still Hit $5 in 2025?

XRP went up 21% in 15 days but is now falling again. It's down 4.75% in the last 24 hours and is now $2.41, according to CoinMarketCap. The fall happened because of Ripple’s court case and delays in XRP ETF approval. 

Traders are worried and losing trust. If XRP price crosses $3, it may reach $5 by the end of 2025. But if it falls below $2.19, it might drop more. Legal wins are key for a comeback.

Coinbase Hacked Before S&P 500 Listing – Bad Luck or Plan?

Coinbase, a big crypto exchange, got hacked just before joining the S&P 500 on May 19. Hackers stole some user info and wanted $20M, but Coinbase said no. 

Instead, they offered a $20M reward to catch them. Also, the SEC reopened its probe, saying Coinbase might’ve shared wrong user data. COIN stock first jumped, then dropped after the hack news. Still, Coinbase will join the S&P 500, showing it's ready to fix things and move on.

Why Is Ethereum Price Going Up Today? Big Buy Sparks Hope!

Ethereum is rising again and now trading at $2,573.60. A big reason is that BlackRock, a huge investment company, bought $8.4 million worth of ETH crypto. This made people excited! 

Experts say if ETH crosses $2,700, the price might shoot up to $3,500 or even more. Many people are also holding their ETH instead of selling, which lowers the supply. Right now, Ethereum looks strong, but it must break $2,700 to keep going up.

FTX to Pay $5 Billion to Users on May 30 – Check If You’ll Get It!

FTX will give back $5 billion to users on May 30, 2025. If you finished KYC, tax forms, and joined BitGo or Kraken, you can get paid in 1–3 days. Some people may get 72%, 54%, 61%, or even 120%. Only use official FTX sites and avoid scams. This is a big step to fix what happened in 2022.

Dogecoin Price May Jump – Whales and Experts Say So

Dogecoin might be ready for a big price jump! Experts say its activity is rising fast — more people are using it, more transactions are happening, and big investors (whales) are buying a lot. One analyst says Dogecoin crypto could reach $18 if it follows old trends. Right now, DOGE is around $0.22, but if it crosses $0.27, a big rally may begin!

Conclusion

Overall, the current crypto market demonstrates a combination of volatility and hopefulness. XRP is pressured by legal disadvantages, whereas Ethereum builds momentum due to institutional appetite. Coinbase's security incident at such a timing in front of its S&P 500 inclusion. On the other hand, FTX's future $5B repayment and new Dogecoin activity show main movements to keep an eye on in the upcoming days.