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 $76,783.23 Mezo Wrapped BTC 0.05% Market capitalization $75.56 million VOL. 24 hours $1.27 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 $2,114.69 Bridged Ether (StarkGate) -0.02% Market capitalization $37.62 million VOL. 24 hours $0.73 billion is $ 217.7, and daily trading volumes are $ 3.8 billion.

In turn, the rate of BNB $640.20 BNB 0.37% Market capitalization $86.29 billion VOL. 24 hours $68.88 million dropped by 1.5%, the cryptocurrency costs $ 306. Solana SOL $84.52 Binance-Peg SOL 0.34% Market capitalization $93.07 million VOL. 24 hours $0.2 billion fell by 2.76% to trade at $ 19.71. The price of XRP XRP $1.37 XRP -0.43% Market capitalization $84.99 billion VOL. 24 hours $0.12 billion fell by 1.53%, the asset is available for $ 0.46. On the other hand, the value of Cardano ADA $0.25 Binance-Peg Cardano 0.69% Market capitalization $0.11 billion VOL. 24 hours $24.7 million decreased by 0.41%, with the coin’s rate settling at $ 0.36. TRON TRX $0.36 TRON 0.06% Market capitalization $33.66 billion VOL. 24 hours $51.2 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.