Crypto prices are red across the board today. Bitcoin is trading around $63,877, down 1.65% on the day, after failing to break through the $67,000 area earlier this week. $Ethereum, $XRP, $Solana and most other majors followed $Bitcoin lower, and the market has now given back almost the entire gain it built over the past seven days.

Crypto Crash Reason: Why is the crypto market down today?

There is no single trigger. Several pressures stacked up at once:

• Oil and inflation. Bitcoin first slipped below $66,000 as surging oil prices reignited inflation concerns, with the risk-off rotation showing up inside crypto too as BTC dominance climbed to 59% and capital retreated from altcoins. By 23 July, crude above $100 a barrel…