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 $60,983.00 Bitcoin -2.78% Market capitalization $1.2 trillion VOL. 24 hours $1.38 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 $3,369.05 Ethereum -2.23% Market capitalization $404.94 billion VOL. 24 hours $0.61 billion is $ 217.7, and daily trading volumes are $ 3.8 billion.

In turn, the rate of BNB $568.06 BNB -1.93% Market capitalization $87.4 billion VOL. 24 hours $0.11 billion dropped by 1.5%, the cryptocurrency costs $ 306. Solana SOL $148.47 Solana 0.86% Market capitalization $68.71 billion VOL. 24 hours $0.5 billion fell by 2.76% to trade at $ 19.71. The price of XRP XRP $0.48 XRP 0.08% Market capitalization $26.68 billion VOL. 24 hours $0.12 billion fell by 1.53%, the asset is available for $ 0.46. On the other hand, the value of Cardano ADA $0.42 Cardano 2.53% Market capitalization $14.79 billion VOL. 24 hours $32.46 million decreased by 0.41%, with the coin’s rate settling at $ 0.36. TRON TRX $0.13 TRON 0.48% Market capitalization $11.25 billion VOL. 24 hours $27.25 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.