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 $82,282.96 Bitcoin -0.63% Market capitalization $1.63 trillion VOL. 24 hours $0.83 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 $1,806.59 Bridged Ether (StarkGate) -1.18% Market capitalization $0.16 billion VOL. 24 hours $0.6 billion is $ 217.7, and daily trading volumes are $ 3.8 billion.

In turn, the rate of BNB $601.71 BNB -0.44% Market capitalization $87.78 billion VOL. 24 hours $0.12 billion dropped by 1.5%, the cryptocurrency costs $ 306. Solana SOL $125.02 Binance-Peg SOL -0.17% Market capitalization $0.14 billion VOL. 24 hours $0.22 billion fell by 2.76% to trade at $ 19.71. The price of XRP XRP $2.13 XRP -0.47% Market capitalization $124.01 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 $0.66 Cardano -2.11% Market capitalization $23.77 billion VOL. 24 hours $49.25 million decreased by 0.41%, with the coin’s rate settling at $ 0.36. TRON TRX $0.23 TRON 0.56% Market capitalization $22.05 billion VOL. 24 hours $54.43 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.