🟨On May 22, Bitcoin reached a record high of $111,970, according to CoinMarketCap, before correcting to $110,700. This move once again confirms the strength of the ongoing uptrend, despite short-term pullbacks. Amid the price surge, over 113,000 traders were liquidated in the past 24 hours, with total losses reaching approximately $274 million.
🟨Ethereum gained 2% over the same period, trading around $2,660, but still lags nearly 45% behind its all-time high. Among top performers, Solana and Cardano stood out, rising by 3.5% and 3.4%, respectively. Meanwhile, the Fear & Greed Index climbed to 78, indicating an overheated market and the potential for a correction.