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 $96,260.92 Bitcoin -0.23% Market capitalization $1.91 trillion VOL. 24 hours $0.99 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 $2,782.32 Bridged Ether (StarkGate) 3.36% Market capitalization $0.24 billion VOL. 24 hours $1.15 billion is $ 217.7, and daily trading volumes are $ 3.8 billion.

In turn, the rate of BNB $668.22 BNB 1.51% Market capitalization $97.48 billion VOL. 24 hours $0.2 billion dropped by 1.5%, the cryptocurrency costs $ 306. Solana SOL $171.02 Solana -0.68% Market capitalization $83.58 billion VOL. 24 hours $0.28 billion fell by 2.76% to trade at $ 19.71. The price of XRP XRP $2.57 XRP -0.64% Market capitalization $148.61 billion VOL. 24 hours $0.22 billion fell by 1.53%, the asset is available for $ 0.46. On the other hand, the value of Cardano ADA $0.77 Cardano 0.20% Market capitalization $27.72 billion VOL. 24 hours $52.54 million decreased by 0.41%, with the coin’s rate settling at $ 0.36. TRON TRX $0.24 TRON 1.51% Market capitalization $20.8 billion VOL. 24 hours $75.19 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.