Bitcoin Price Drops Below $33,500
- May 9, 2022
- 0
news is updating On Monday, May 9, bitcoin prices updated the minimums since the end of January 2022. At the time of writing, the price is located near
news is updating
On Monday, May 9, bitcoin prices updated the minimums since the end of January 2022. At the time of writing, the price is located near $33,450 (Binance).
According to CoinGecko, the BTC price fell 3.1% in the past day and 12.9% over the course of the week. Following the flagship, all crypto assets in the top 10 by capitalization were in the red zone, with the exception of stablecoins USDT and USD Coin.
Ethereum is trading at $2,425, down 4.1% in one day. BTC dominance index – 39.4%, ETH – 18.2%.
According to Coinglass, the daily liquidation volume in the futures market has exceeded $270 million.
Negative market expectations caused the fear and greed index to drop to 11 points (“extreme fear”).
Bitcoin Fear and Greed Index 11 – Extreme Fear
Current price: $34,041 pic.twitter.com/PQK3x6YMok— Bitcoin Fear and Greed Index (@BitcoinFear) May 9, 2022
Source: Fork Log
I’m Sandra Torres, a passionate journalist and content creator. My specialty lies in covering the latest gadgets, trends and tech news for Div Bracket. With over 5 years of experience as a professional writer, I have built up an impressive portfolio of published works that showcase my expertise in this field.
