Why is crypto down today?
- Bitcoin, Ethereum, Ripple and Solana prices are in a decline on Wednesday.
- Crypto market capitalization slips under $4 trillion, down nearly 6% in the last 24 hours.
- Crypto traders are greedy, sentiment is unaffected by the fall in crypto prices.
Crypto market cap is in a downtrend on Wednesday after Bitcoin’s new all-time high last week. Institutional crypto adoption is likely the key catalyst for crypto as retail trader sentiment is nearly unchanged since last week.
Why is crypto down?
The crypto market has been hit by a wave of correction as the top ten cryptos like Bitcoin (BTC), Ethereum (ETH), XRP and Solana (SOL) see their prices decline. Bitcoin dropped under the $120,000 support and hovers around…
