Quick Answer: Why Is Crypto Down Today?

Crypto is down today because of six overlapping factors that emerged and compounded throughout February 2026: Trump’s sudden 15% global tariff announcement, a collapse in U.S. tech stocks that dragged risk assets lower, record liquidations topping $2.56 billion in a single weekend, a structural reversal in institutional flows as Bitcoin ETFs turned net sellers, a critical technical breakdown below Bitcoin’s 365-day moving average, and escalating U.S.-Iran geopolitical tensions that are pushing investors into cash and gold.

No single event caused today’s crypto decline. It is the cumulative result of months of distribution from the October 2025 peak at $125,000–$126,000, now accelerating…