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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 $56,416.10 Bitcoin -1.81% Market capitalization $1.11 trillion VOL. 24 hours $4.33 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 $2,991.62 Ethereum -3.90% Market capitalization $359.58 billion VOL. 24 hours $2.63 billion is $ 217.7, and daily trading volumes are $ 3.8 billion.
In turn, the rate of BNB $495.20 BNB -4.59% Market capitalization $76.19 billion VOL. 24 hours $0.49 billion dropped by 1.5%, the cryptocurrency costs $ 306. Solana SOL $133.30 Solana -0.48% Market capitalization $61.7 billion VOL. 24 hours $1.01 billion fell by 2.76% to trade at $ 19.71. The price of XRP XRP $0.42 XRP -4.08% Market capitalization $23.57 billion VOL. 24 hours $0.31 billion fell by 1.53%, the asset is available for $ 0.46. On the other hand, the value of Cardano ADA $0.35 Cardano -7.82% Market capitalization $12.44 billion VOL. 24 hours $0.11 billion decreased by 0.41%, with the coin’s rate settling at $ 0.36. TRON TRX $0.13 TRON 0.79% Market capitalization $11.07 billion VOL. 24 hours $0.11 billion 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.