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 $67,237.67 Mezo Wrapped BTC -0.90% Market capitalization $38.09 million VOL. 24 hours $0.96 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 $2,000.45 Bridged Ether (StarkGate) -1.06% Market capitalization $45.84 million VOL. 24 hours $0.81 billion is $ 217.7, and daily trading volumes are $ 3.8 billion.

In turn, the rate of BNB $615.88 BNB -0.63% Market capitalization $83.98 billion VOL. 24 hours $49.3 million dropped by 1.5%, the cryptocurrency costs $ 306. Solana SOL $83.01 Binance-Peg SOL -2.81% Market capitalization $91.54 million VOL. 24 hours $0.27 billion fell by 2.76% to trade at $ 19.71. The price of XRP XRP $1.47 XRP -1.13% Market capitalization $89.34 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 $0.29 Binance-Peg Cardano -1.16% Market capitalization $0.13 billion VOL. 24 hours $19.08 million decreased by 0.41%, with the coin’s rate settling at $ 0.36. TRON TRX $0.28 TRON -0.39% Market capitalization $26.5 billion VOL. 24 hours $35.42 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.