Bitcoin Sees New Monthly Low, Ethereum Dips to $2K: Weekend Watch
May 23, 2026
< 1 min read
by Jordan Lyanchev
for CryptoPotato

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AI Overview
Bitcoin was rejected at $78,000 and plunged to a monthly low near $74,000, pulling major altcoins lower with ETH at $2,000, BNB at $640 and XRP at $1.31. The sharp selloff increases short-term market risk for crypto, pressures DeFi and DEX liquidity and signals downside for token performance and adoption momentum.
Bearish
After it was rejected at $78,000 earlier this week, bitcoin’s troubles worsened with a nosedive to a monthly low of just over $74,000, where it finally found some support.
Most altcoins have followed suit on the way down, with ETH dipping to $2,000 today, BNB going down to $640, and XRP sliding to $1.31.
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