The Bitcoin price is experiencing significant selling pressure as it drops to the crucial support level close to $75,500 aas the crypto markets turned bearish. The plunge comes in times when the price was recovering after hitting the same support zone. The price has declined by 2.70% in the past 24 hours, while the Ethereum price is down by 3.20%, reaching $2,061. The other tokens in the top 10 also experienced a similar drop, with XRP trading at $1.33, Solana at $84.19 and Hyperliquid at $55.15. Meanwhile, Dogecoin & Tron continue to display strength as it sustains above $0.1 and $0.36, respectively. 

What Triggered the Crypto Market Sell-off

The crypto market capitalization witnessed a sharp decline of over 2.5%, dropping to…