Why Is Crypto Down Today? – December 24, 2025

The crypto market is trading lower today, with total market capitalization slipping by 1.1% over the past 24 hours to $3.02 trillion, according to market data. The pullback comes amid broad weakness across major assets, while trading activity remains elevated, with 24-hour volume at $98.49 billion.

TLDR:

  • Crypto market cap fell 1.1% to $3.02T, with broad losses across major assets;

  • Galaxy Research says Bitcoin has not truly cleared $100K when adjusted for inflation;

  • BTC is consolidating near $87K, with key support at $85K–$86K and downside risk toward $80K;

  • Market sentiment remains weak, with the Fear & Greed Index at 27 (fear);

  • US spot Bitcoin ETFs saw $188.6M in net outflows on Dec. 23, led by BlackRock’s IBIT;

  • US…

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