Bitcoin
Bitcoin (BTC)
$70,149.00 2.10693
Bitcoin price
Ethereum
Ethereum (ETH)
$3,938.65 2.7623
Ethereum price
BNB
BNB (BNB)
$610.56 1.66962
BNB price
Solana
Solana (SOL)
$171.29 6.23214
Solana price
XRP
XRP (XRP)
$0.5375710 1.48937
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000258 6.03525
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000167 5.20237
Pepe price
Bonk
Bonk (BONK)
$0.0000393 14.41008
Bonk price
Bitcoin
Bitcoin (BTC)
$70,149.00 2.10693
Bitcoin price
Ethereum
Ethereum (ETH)
$3,938.65 2.7623
Ethereum price
BNB
BNB (BNB)
$610.56 1.66962
BNB price
Solana
Solana (SOL)
$171.29 6.23214
Solana price
XRP
XRP (XRP)
$0.5375710 1.48937
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000258 6.03525
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000167 5.20237
Pepe price
Bonk
Bonk (BONK)
$0.0000393 14.41008
Bonk price
Bitcoin
Bitcoin (BTC)
$70,149.00 2.10693
Bitcoin price
Ethereum
Ethereum (ETH)
$3,938.65 2.7623
Ethereum price
BNB
BNB (BNB)
$610.56 1.66962
BNB price
Solana
Solana (SOL)
$171.29 6.23214
Solana price
XRP
XRP (XRP)
$0.5375710 1.48937
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000258 6.03525
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000167 5.20237
Pepe price
Bonk
Bonk (BONK)
$0.0000393 14.41008
Bonk price
Bitcoin
Bitcoin (BTC)
$70,149.00 2.10693
Bitcoin price
Ethereum
Ethereum (ETH)
$3,938.65 2.7623
Ethereum price
BNB
BNB (BNB)
$610.56 1.66962
BNB price
Solana
Solana (SOL)
$171.29 6.23214
Solana price
XRP
XRP (XRP)
$0.5375710 1.48937
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000258 6.03525
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000167 5.20237
Pepe price
Bonk
Bonk (BONK)
$0.0000393 14.41008
Bonk price
SirWin
SirWin
SirWin

Crypto community reacts to bitcoin’s drop below the $27k mark

crypto-community-reacts-to-bitcoins-drop-below-the-27k-mark
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Crypto community reacts to bitcoin’s drop below the $27k mark

The broader crypto markets have been tumbling over the past month, with a more profound fall in the first week of May. As the markets fell, bitcoin (BTC) started to drop from its local top of roughly $30,000 in the last week of April.

Bitcoin registered its deepest local price drop on May 12 — plunging to around $26,290 — as the global crypto market cap witnessed a $140 billion loss in just 24 hours.

Moreover, the largest cryptocurrency, BTC, is down by another 1% in the past 24 hours and trading at around $26,800 at the time of writing. Data shows that bitcoin’s trading volume rose 33% in the past 24 hours, reaching $9.8 billion.

Crypto community reacts to bitcoin’s drop below the $27k mark - 1
BTC price – May 22 | Source: Trading View

As the BTC price drops, the Twitter crypto community believes that the asset will stay above the $25,000 mark, according to a poll in a thread.

From 439 votes at the time of writing, roughly 30% expect a further price drop between $17,000 and $24,999. Per the thread, 14% think that bitcoin could fall below $10,000 — a claim some community members took as a joke.

A Twitter user says that people waiting for BTC to drop to the $10,000 mark “will be gravely disappointed.”

Some members have also celebrated the 13th Bitcoin Pizza Day despite the bearish news surrounding the digital gold.