On May 28, Bitcoin and Ethereum, the two largest cryptocurrencies by market cap, reported price declines of 3.21% and 4.4%, respectively. Bitcoin's price is now $73,138, while Ethereum is trading at $1,980. The overall cryptocurrency market capitalization has reached $2.45 trillion, with Bitcoin contributing approximately $1.462 trillion (59.7%) and Ethereum $238.727 billion (9.7%). Additionally, data from Coinglass indicates that over the past 24 hours, more than 164,000 traders faced liquidations totaling $927.96 million, predominantly affecting long positions in Bitcoin, which saw liquidations of about $866.39 million, compared to $61.56 million for short positions. The largest single liquidation occurred on Hyperliquid, valued at $15.34 million for the BTC-USD pair.