Bitcoin hits two-month low

On the morning of May 25, the bitcoin exchange rate fell to $ 25,800, updating a two-month low. The last time the digital asset was at this level was March 17. Yesterday, BTC fell by 2.1%.

According to CoinGecko, the flagship cryptocurrency is currently trading at $ 26,176. The total market capitalization of cryptocurrencies decreased by 1.4% to $ 1.15 trillion over the day, with a daily trading volume of $ 41.9 billion.

The main altcoin, ETH, has fallen by 1.8% to $ 1784 over the past 24 hours. BNB dropped by 1.1% to $ 305, and Solana by 1% to $ 19.30. The price of XRP dropped by 1.7% to $ 0.44, Cardano (ADA) — by 2.6% to $ 0.35, Dogecoin (DOGE) — by 1.3% to $ 0.07.

Despite the decline in cryptocurrency rates over the past day, the Fear and Greed Index rose from 50 to 51 points out of 100. This indicates a slight increase in market participants' interest in buying cryptocurrencies, however, the indicator has been fluctuating in the neutral zone for more than two weeks (since May 9).

Over the past 24 hours, 46,000 traders' positions totaling $ 124 million have been liquidated on crypto exchanges. According to Coinglass, 80% of them were long. Bitcoin orders accounted for $ 47 million, Ethereum — $ 24 million, and Litecoin (LTC) was in third place, with $ 3.8 million in positions liquidated.