Bitcoin at $78,331; crypto snapshot

- OjoFomo posted a May 17 crypto market snapshot on X showing bitcoin at $78,331, ether at $2,193.45 and total market capitalization at $2.69 trillion. - The post’s sentiment gauge showed a Fear & Greed Index reading of 27, while CoinGlass listed 24-hour crypto liquidations near $63.4 million. - Alternative.me said its next Fear & Greed Index update is due in about 12 hours on May 18.

Bitcoin traded around $78,000 on May 17, according to market trackers cited in a widely shared crypto snapshot on X. The post, shared by OjoFomo, listed bitcoin at $78,331 and ether at $2,193.45, alongside a total crypto market capitalization of $2.69 trillion and 24-hour volume of $49.68 billion. Public market dashboards reviewed on Sunday showed broadly similar price levels, though some figures differed by source and update time. Alternative.me’s crypto sentiment gauge showed a reading of 27, which it classifies as “Fear.” ### Why do the numbers in a crypto snapshot not match exactly across sites? CoinGecko showed bitcoin at about $78,141 and ether at about $2,183 when reviewed on May 17, with total crypto market capitalization at roughly $2.685 trillion and 24-hour trading volume near $63.98 billion. Those figures were close to the social-media snapshot on price and market value, but not identical. (alternative.me) CoinMarketCap listed bitcoin at about $78,224 on May 17 and gave 24-hour trading volume for bitcoin alone at about $27.7 billion. The differences reflect timing, exchange coverage and methodology. CoinGecko says it calculates prices in real time using a global volume-weighted average across exchanges, while Alternative.me says its dashboard is a consolidated market overview. (coingecko.com) ### What does a Fear & Greed reading of 27 actually measure? Alternative.me said on May 17 that its current crypto Fear & Greed Index stood at 27, compared with 31 a day earlier and 47 a week earlier. The site classifies 27 as “Fear.” Alternative.me said the index is built from factors including volatility, market momentum and volume, social media activity and other inputs. (coinmarketcap.com) The company also says the current index is for bitcoin, not for the entire digital-asset market. That means the reading is a sentiment indicator tied mainly to bitcoin-related market behavior, even when it is often cited in broader crypto commentary. (alternative.me) ### How do liquidation and open-interest figures fit into the picture? CoinGlass showed 24-hour total crypto liquidations at about $63.41 million on one public liquidation page reviewed on May 17, close to the $63.8 million figure in the X post. CoinGlass said 36,768 traders were liquidated over that period. CoinGlass also showed bitcoin open interest at about $57.73 billion on its market table, which closely matched the snapshot’s $57.63 billion figure. (alternative.me) A separate CoinGlass futures page, however, showed total crypto open interest above $127 billion, indicating that some posts and dashboards refer to bitcoin open interest specifically while others refer to the whole market. (coinglass.com) ### What does the DeFi number refer to? The X snapshot listed DeFi at $86.41 billion. Public dashboards reviewed for this article did not show that exact figure in the same format, but third-party market trackers have recently put decentralized-finance token market capitalization in roughly that range. CoinGecko’s market overview did not surface a standalone DeFi market-cap line in the reviewed snapshot, though it did show the broader crypto market value near $2.69 trillion. (coinglass.com) Without a matching public readout from the source post’s underlying dashboard, the DeFi figure is best treated as a category metric from the poster’s selected data feed rather than a universal benchmark. That is an inference based on the mismatch across public dashboards. (coinlaw.io) ### Where were bitcoin and ether trading in the broader market? CoinMarketCap’s historical data page showed bitcoin closed at $78,131.43 on May 16, after trading as high as $79,173.50 and as low as $77,630.73. Its live page on May 17 showed bitcoin still trading in that range. Alternative.me’s crypto dashboard showed bitcoin at about $78,087 and ether at about $2,184.56 on May 17. (coingecko.com) Those readings were close enough to the social post to indicate the snapshot captured the market near prevailing levels, even if not at a single universally fixed print. ### When will the next update come? Alternative.me said on May 17 that its next Fear & Greed Index update would occur in about 11 hours and 39 minutes from the time of review. (coinmarketcap.com) The next daily sentiment reading is therefore due on May 18, alongside fresh market prices from trackers such as CoinGecko, CoinMarketCap and CoinGlass. (alternative.me 1) (alternative.me 2)

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