Why Is Crypto Going Down? Bitcoin, Ethereum, XRP & Dogecoin Prices Are Falling Today
The
cryptocurrency market faced a brutal reality check on May 30, 2025, as major
digital assets experienced significant price declines that sent shockwaves
through the trading community. Why is crypto down today becomes the
burning question as Bitcoin price tumbled below the psychological $105,000
level, while Ethereum price, XRP price, and Dogecoin price all suffered
substantial losses in what analysts are calling a coordinated market selloff.
The total
cryptocurrency market capitalization plummeted by 2.6% to $3.34 trillion,
marking one of the most significant single-day declines in recent weeks. This dramatic downturn has
left retail traders scrambling to understand the underlying factors driving
this widespread market correction and…