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Why Crypto Market is Down Today?

Why Crypto Market is Down Today?

Bitcoin is at $68,807, down 5.19% today. Ethereum is at $2,005, barely clinging to the $2,000 level that traders treat as psychological bedrock, down 5.46%. Solana has dropped 6.47%, one of the worst performances among major coins today. XRP is down 4.50%. 

The total crypto market is sitting at $2.36 trillion, down 3.58% since yesterday. That sounds manageable until you do the arithmetic. That is roughly $87 billion gone in 24 hours.

Altcoins Are Getting Hit Hardest

When Bitcoin falls, altcoins do not just fall alongside it. They fall faster, further, and with less mercy. That is exactly what is happening today.

Solana is the clearest example, down 6.47% and underperforming Bitcoin by over a full percentage point. Ethereum, often treated…

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