Bitcoin Fell Below $27K

On May 12, Bitcoin (BTC) fell to 2020 levels under pressure from sellers. At the time of writing, BTC/USD is trading at $26,700 on Bitstamp, according to TradingView, the lowest since December 28, 2020.

Following Bitcoin, many of the top 10 cryptocurrencies by capitalization fell. Ethereum has fallen by 20.55% in the last 24 hours, XRP – by 26.12%, Solana (SOL) – by 30.79%, Cardano (ADA) – by 28.3%, Dogecoin (DOGE) – by 28, 3%.

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