Why is Crypto Down Today? Here’s What You Need To Know
TLDR
- Bitcoin falls below $117,000 with 1% daily decline as profit-taking follows recent highs
- Ethereum drops to $3,700, down 1.2% in 24 hours as market cap slips to $3.9 trillion
- Solana breaks $200 barrier with 12% surge while Bitcoin dominance drops below 60%
- Technical resistance at $119,000 holds back Bitcoin’s upward movement during consolidation phase
- Fear and Greed Index moves from “greed” to neutral as investors adopt wait-and-see approach
The cryptocurrency market showed mixed performance on July 22, 2025, with Bitcoin retreating from recent highs while select altcoins posted strong gains. Many investors are asking why is crypto down today as the total crypto market cap declined to approximately $3.9 trillion…
