Why is crypto down today? Trump tariffs, market volatility trigger sell-off
Crypto just keeps dropping — what’s driving the crash, and what’s next?
Bitcoin (BTC) plummeted below $88,000, marking its lowest level in three months. The broader crypto market has also taken a hit, with total market capitalization shedding 8%, dropping from over $3.31 trillion to approximately $3.09 trillion.
The sharp decline comes amid macroeconomic uncertainty, regulatory concerns, and shifting investor sentiment. Analysts now warn that Bitcoin could drop further, potentially testing support at $70,000.
Despite this, Bitcoin has performed better than other cryptocurrencies like XRP (XRP), AAVE (AAVE), and others, dropping by over 15% in the last 7 days, according to crypto.news data.
“The crypto…
