NIGHT up +4.39%, BTC -2.58%, Midnight is The Coin of The Day - Daily Market Update for May 23, 2026

Key highlights:

• The total cryptocurrency market cap decreased from $ 2.57T to $ 2.52T in the past 24 hours, representing a -2.27% change
• The Bitcoin price at press time is $ 75,484 after falling by -2.58% in the last 24 hours
• The total crypto trading volume decreased by -2.27% in the past 24 hours, and is currently at $ 212.08B
• All prices and changes are presented at the time of publication: May 23, 2026, at 06:00 UTC

Market Overview

The total cryptocurrency market cap is currently $ 2.52T after a -2.27% decrease on the day. The total crypto trading volume declined by -2.27% in the same time frame.

Bitcoin is trading at $ 75,484 after seeing a -2.58% loss in the last 24 hours. The Bitcoin dominance fell by -0.07% and BTC currently represents 60.11% of the cryptocurrency market.

Top Coins By Market Cap

At press time, Bitcoin has a market capitalization of $ 1.51T after losing -2.58% in the last 24 hours. According to our forecast, the value of Bitcoin will drop by null% and reach null by May 23, 2026. To learn more about how the price of Bitcoin could change over the next 7 days, visit our Bitcoin price prediction page.

Ethereum, which is the second-largest cryptocurrency by market cap, is priced at $ 2,062.31 and has a market capitalization of $ 248.89B. ETH decreased by -3.05% in the last 24 hours. If you're interested in where the price of Ethereum could head next, check out the Ethereum price prediction.

Bears Dominate the Market Today

The bears dominated the market today as 86% of coins lost value in the last 24 hours.

Today's Top Gainers are Midnight, Quant, and Orca

Thanks to a 4.39% price increase, Midnight was the biggest gainer of the day among the top 200 cryptocurrencies by market cap. Quant came in second place, with 24-hour gains of 2.80%. Orca, Stargate Finance and Cheems Token complete today's list of the top cryptocurrency gainers.

Today's Top Losers are Compound, Banana For Scale, and Monad

Unfortunately, not all coins performed well today. The worst performer in the cryptocurrency top 200 was Compound, which saw a loss of -12.60%. Banana For Scale also didn't perform well, as its price declined by -11.06% in the last 24 hours. Monad, Centrifuge and Ethena round out today's top 5 worst performers.

Coin of the Day is Midnight

Thanks to its impressive 4.39% performance, Midnight is today's coin of the day! Midnight is currently trading at $ 0.032499. Learn more about Midnight and its position in the market on our Midnight price prediction page.

Our technical indicators show that the current Midnight sentiment is Neutral.

Buy/Sell Midnight