With negotiations between the United States and Iran remaining deadlocked, virtual asset prices are falling across the board.
As of 8 a.m. on the 28th, on CoinMarketCap, a global virtual asset market site, Bitcoin was at $77,064, down 1.68% from 24 hours earlier.
During intraday trading on the 27th, the price of Bitcoin briefly surpassed the upper $79,000 range and was on the verge of breaking $80,000, but then turned lower again.
Altcoins (virtual assets excluding Bitcoin) are also all weaker. At the same time, second by market capitalization, Ethereum was trading at $2,294, down 2.88%. Ripple was down 2.13% at $1.39, Solana was down 2.54% at $84.5, and Binance Coin was down 1.66% at $625, respectively.
The decline in virtual asset prices is dampening investor sentiment as well. On this day, CoinMarketCap's "Fear and Greed Index" was 42 (neutral), down from 46 the previous day. The higher the number on the Fear and Greed Index, the more overheated the market is.