Why Is Crypto Down Today? – June 23, 2025 — TradingView News

June 23, 2025
11:53 am

Why Is Crypto Down Today? – June 23, 2025 — TradingView News

The crypto market is down today. Ten of the top 100 coins have seen increases over the past 24 hours. Moreover, the cryptocurrency market capitalization has decreased by 2.8% over the past day, now standing at $3.23 trillion, compared to Friday’s $3.37 trillion. The total crypto trading volume is at $161 billion, back to the typical levels.

TL;DR:

The crypto market has seen a notable drop over the weekend;

BTC and ETH dropped around 1% over the past day each;

At one point, BTC fell below the psychologically relevant $100,000 level;

The probability of BTC ending 2025 above $200,000 has dropped to 3.5%;

This is not over yet, analysts say, as market braces for instability;

The market may experience additional hits.

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