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Why Is the Crypto Market Down Today?

Why Is the Crypto Market Down Today?

The crypto market is down today, October 3, as Bitcoin retreats from resistance and leveraged liquidations pressure other major tokens. 

Total market capitalization fell about 1.8% to $2.88 trillion over 24 hours, as Ethereum and XRP extended their daily losses. The pullback follows a brief rally after weak US employment data, while earlier ETF withdrawals show uneven demand for funds.

Crypto Market Falls as BTC, ETH and XRP Extend Losses

Bitcoin price traded near $84,627, down 1.92% over 24 hours, according to CoinMarketCap’s October 3 market. Ethereum price fell 2.14% to approximately $2,684, while XRP lost 3.65% to $1.48 during the same period.

Why Is the Crypto Market Down Today?Why Is the Crypto Market Down Today?
Coin 360 data

Bitcoin price briefly cleared $87,000 on Friday before…

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