The cryptocurrency market experienced widespread losses on May 24, 2025, with most major digital assets declining in value. CoinMarketCap reported that Bitcoin (BTC) dropped by 2.32%, reaching $108,230.37, while Ethereum (ETH) fell by a significant 5.37% to $2,550.63. XRP also experienced a decline of 4.65%, dropping to $2.33. Dogecoin (-7.78%) and Solana (-3.71%) also saw notable drops. Avalanche (AVAX) was down by 8.77% to $23.18, while Shiba Inu (SHIB) lost 7.43%. Other notable cryptocurrencies showed significant fluctuations, including Aptos (APT), down 8.89%, and Pi (PI), decreasing 3.20%. While some coins saw gains in the past 24 hours, it is important to note that PAX Gold (PAXG) rose by a substantial 1.40% and Ethena (ENA) recorded a significant 14.46% decline.