Crypto Market Sees Major Losses on May 31st: Bitcoin, Ethereum Decline

The cryptocurrency market experienced substantial losses on May 31st, 2025, as most major digital assets witnessed price drops. CoinMarketCap data reveals that at 1:30 PM KST, Bitcoin (BTC) decreased by 2.01% to $103,803.65 while Ethereum (ETH) fell 3.86% to $2,523.02. XRP also experienced a significant decline of 3.95% to $2.12, with Dogecoin (DOGE) dropping by 8.42% to $0.1905. Solana (SOL), Avalanche (AVAX), Shiba Inu (SHIB), Aptos (APT), and Pi (PI) also declined in value, according to CoinMarketCap data.