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 $119,244.23 Bitcoin 1.09% Market capitalization $2.37 trillion VOL. 24 hours $2.32 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 $3,613.77 Bridged Ether (StarkGate) 5.52% Market capitalization $98.97 million VOL. 24 hours $4.09 billion is $ 217.7, and daily trading volumes are $ 3.8 billion.

In turn, the rate of BNB $737.85 BNB 3.03% Market capitalization $107.64 billion VOL. 24 hours $0.31 billion dropped by 1.5%, the cryptocurrency costs $ 306. Solana SOL $178.36 Binance-Peg SOL 1.55% Market capitalization $0.2 billion VOL. 24 hours $0.94 billion fell by 2.76% to trade at $ 19.71. The price of XRP XRP $3.48 XRP 6.73% Market capitalization $205.79 billion VOL. 24 hours $2.71 billion fell by 1.53%, the asset is available for $ 0.46. On the other hand, the value of Cardano ADA $0.85 Cardano 4.30% Market capitalization $30.72 billion VOL. 24 hours $0.36 billion decreased by 0.41%, with the coin’s rate settling at $ 0.36. TRON TRX $0.33 TRON 6.15% Market capitalization $31.4 billion VOL. 24 hours $0.32 billion 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.