Why is Crypto Down Today? Here’s What You Need To Know
TLDR
- Bitcoin trades at $115,902 after crypto market cap falls $75 billion to $3.86 trillion on August 19
- Profit-taking after recent all-time highs and Federal Reserve policy concerns drive the selloff
- Over $530 million in leveraged positions liquidated, including $124 million in Bitcoin trades
- Japanese firm LibWork approves $3.4 million Bitcoin purchase while SEC delays three crypto ETFs
- Market makers warn of further weakness through August despite institutional support
The cryptocurrency market faced pressure on August 19, 2025, with the total market capitalization dropping $75 billion to $3.86 trillion. Bitcoin currently trades at $115,902, maintaining support above the critical $115,000 level despite broader market…
