Crypto Market Crash: Here’s Why Bitcoin and Altcoins are Going Down Today
A crypto market crash is happening today, January 25, with Bitcoin and most altcoins being in the deep red. Bitcoin plunged below $88,000, while Ethereum dropped to $2,800.
The market capitalization of all tokens moved below the key support level of $3 trillion, while the CoinMarketCap 20 Index dropped by over 2.2% in the last 24 hours and by 10% in the last seven days. This article explores some of the top reasons why the crypto crash is happening today.
Crypto Market Crash Happening as Bitcoin Forms Bearish Pattern
One main reason why the crypto market crash is happening is that Bitcoin price has formed a series of bearish chart patterns on the daily and weekly charts. For…
