What’s Driving the Crypto Market Down Today?

The crypto market is in its prime, where many cryptos have achieved new highs, beating the bear’s dominance. More importantly, Bitcoin price has doubled over this period, creating an all-time high of $94,002.87 just a few hours ago. However, today, the market is hit with a sharp downturn instead of a continuous upsurge, confirming the rising volatility. Though this is a part of the industry, many broader market movements and geopolitical situations are to blame.

Why is The Crypto Market Down Today?

Despite Bitcoin hitting an all-time high, it has already moved away from that, currently trading at $93K. This has happened with the traders losing confidence, as there is a 2% drop in…

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