Bitcoin dropped to $ 26 500

The Fear and Greed Index fell by 3 points overnight to 49 points out of 100. Market experts note a decline in user interest in buying cryptocurrencies.

Today, on May 22, the flagship cryptocurrency BTC $80,427.12 Mezo Wrapped BTC 0.92% Market capitalization $89.4 million VOL. 24 hours $0.88 billion is trading at an average of $ 26,853. Over the day, bitcoin fell by 0.78%. The market capitalization of the asset is more than $ 520.4 billion, and daily trading transactions, according to CoinMarketCap, are $ 10 billion.

Earlier, cryptocurrency analyst Benjamin Cowen said that the bitcoin rate could drop to $ 12,000 by the end of 2023. In his opinion, both bears and bulls are likely to fail as a result of volatility.

Ethereum (ETH) has fallen 0.37% over the past 24 hours to trade at $ 1,810. The market capitalization of the leading altcoin ETH $2,315.40 Bridged Ether (StarkGate) 1.76% Market capitalization $41.19 million VOL. 24 hours $0.75 billion is $ 217.7, and daily trading volumes are $ 3.8 billion.

In turn, the rate of BNB $649.63 BNB 1.74% Market capitalization $87.56 billion VOL. 24 hours $68.53 million dropped by 1.5%, the cryptocurrency costs $ 306. Solana SOL $93.34 Binance-Peg SOL 5.78% Market capitalization $0.1 billion VOL. 24 hours $0.27 billion fell by 2.76% to trade at $ 19.71. The price of XRP XRP $1.42 XRP 2.53% Market capitalization $87.78 billion VOL. 24 hours $0.11 billion fell by 1.53%, the asset is available for $ 0.46. On the other hand, the value of Cardano ADA $0.27 Binance-Peg Cardano 3.80% Market capitalization $0.12 billion VOL. 24 hours $27.94 million decreased by 0.41%, with the coin’s rate settling at $ 0.36. TRON TRX $0.35 TRON 0.75% Market capitalization $33.36 billion VOL. 24 hours $37.52 million rose by 3.1% to $ 0.074.

The total market capitalization of cryptocurrencies decreased by 1.1% over the day to $ 1.16 trillion, with a daily trading volume of $ 24.5 billion.