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 $106,566.00 Mezo Wrapped BTC 0.33% Market capitalization $36.14 million VOL. 24 hours $1.42 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 $3,867.51 Bridged Ether (StarkGate) 2.03% Market capitalization $93.97 million VOL. 24 hours $1.19 billion is $ 217.7, and daily trading volumes are $ 3.8 billion.

In turn, the rate of BNB $1,095.20 BNB 2.00% Market capitalization $152.43 billion VOL. 24 hours $0.49 billion dropped by 1.5%, the cryptocurrency costs $ 306. Solana SOL $184.94 Binance-Peg SOL 0.97% Market capitalization $0.2 billion VOL. 24 hours $0.48 billion fell by 2.76% to trade at $ 19.71. The price of XRP XRP $2.36 XRP 2.99% Market capitalization $141.69 billion VOL. 24 hours $0.19 billion fell by 1.53%, the asset is available for $ 0.46. On the other hand, the value of Cardano ADA $0.63 Cardano 1.38% Market capitalization $23.16 billion VOL. 24 hours $46.99 million decreased by 0.41%, with the coin’s rate settling at $ 0.36. TRON TRX $0.31 TRON 1.72% Market capitalization $29.74 billion VOL. 24 hours $63.15 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.