Bitcoin price drops below $65,000

Selling pressure has intensified in the cryptocurrency market, with the Fear Index falling to 21 points

The capitalization of the global cryptocurrency market decreased by 1.79% over the past 24 hours, falling to $2.25 trillion.

The price of Bitcoin decreased by 2.65% to $64,532. The price of Ethereum, the second-largest cryptocurrency in the market, declined by 1.49% to $1,810.

Among the other assets in the top five, the price of BNB decreased by 2.76% to $618.5. Digital assets indexed to the price of gold demonstrated relative resilience against the backdrop of the market decline. PAX Gold (PAXG) fell by 0.29% to $4,460.7, while Tether Gold (XAUt) declined by 0.29% to $4,443.3.