Why Is Crypto Down Today? – August 29, 2025

29 Aug Crypto News

The crypto market is down today after a couple of green days, with about 95 of the top 100 coins seeing their prices fall over the past 24 hours. Overall, the cryptocurrency market capitalization has decreased by 2.8%, now standing at $3.88 trillion, just below the $4 trillion mark. At the same time, the total crypto trading volume is at $149 billion.

TLDR:

95 of the top 100 coins have turned red today;

All top 10 coins have dropped today, with ETH leading the list;

BTC and ETH fell 2.7% and 5.2%, trading at $110,125 and $4,376, respectively;

This is ‘a natural market correction following significant gains’;

’History cautions toward late‑Summer/September pullbacks even after sharp rallies’;

’Momentum may carry ETH higher in…

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Why Is Crypto Down Today? – August 29, 2025