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 $71,317.50 Mezo Wrapped BTC 0.72% Market capitalization $39.73 million VOL. 24 hours $0.86 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 $2,110.48 Bridged Ether (StarkGate) 0.76% Market capitalization $42.67 million VOL. 24 hours $0.3 billion is $ 217.7, and daily trading volumes are $ 3.8 billion.

In turn, the rate of BNB $659.87 BNB 0.66% Market capitalization $89.98 billion VOL. 24 hours $34.39 million dropped by 1.5%, the cryptocurrency costs $ 306. Solana SOL $88.39 Binance-Peg SOL 0.41% Market capitalization $97.35 million VOL. 24 hours $0.13 billion fell by 2.76% to trade at $ 19.71. The price of XRP XRP $1.42 XRP 1.38% Market capitalization $86.69 billion VOL. 24 hours $82.49 million fell by 1.53%, the asset is available for $ 0.46. On the other hand, the value of Cardano ADA $0.27 Binance-Peg Cardano 0.49% Market capitalization $0.12 billion VOL. 24 hours $24.58 million decreased by 0.41%, with the coin’s rate settling at $ 0.36. TRON TRX $0.30 TRON 0.61% Market capitalization $28.08 billion VOL. 24 hours $33.02 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.