Why Is Crypto Down Today? – October 6, 2025
The crypto market is down today, with the cryptocurrency market capitalization falling by 0.9%, now standing at $4.33 trillion. Fewer than 10 of the top 100 coins have appreciated over the past 24 hours. At the same time, the total crypto trading volume is at $193 billion.
TLDR: The crypto market capitalization is down 0.9% on Monday morning (UTC); 92 of the top 100 coins are down, as are 9 of the top 10 coins; BTC is down 1.1% to $123,375, and ETH fell 1.2% to $4,535; After BTC broke the $125,000 barrier, we can expect $145,000 in the mid-term; BTC’s ATH is ‘driven from the top down’; ’Volatility will pop up, but the base case for this bull cycle is solid’; Both US BTC and ETH spot ETFs recorded a fifth straight day of…
