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 $71,580.73 Mezo Wrapped BTC -3.43% Market capitalization $41.31 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 $2,188.96 Bridged Ether (StarkGate) -4.37% Market capitalization $41.47 million VOL. 24 hours $0.58 billion is $ 217.7, and daily trading volumes are $ 3.8 billion.

In turn, the rate of BNB $593.48 BNB -2.85% Market capitalization $80.92 billion VOL. 24 hours $62.79 million dropped by 1.5%, the cryptocurrency costs $ 306. Solana SOL $81.61 Binance-Peg SOL -3.82% Market capitalization $89.71 million VOL. 24 hours $0.18 billion fell by 2.76% to trade at $ 19.71. The price of XRP XRP $1.33 XRP -2.53% Market capitalization $81.66 billion VOL. 24 hours $94.72 million fell by 1.53%, the asset is available for $ 0.46. On the other hand, the value of Cardano ADA $0.24 Binance-Peg Cardano -5.33% Market capitalization $0.11 billion VOL. 24 hours $42.82 million decreased by 0.41%, with the coin’s rate settling at $ 0.36. TRON TRX $0.32 TRON 0.94% Market capitalization $30.55 billion VOL. 24 hours $34.16 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.