Why Is The Crypto Market Down Today?
TLDR
- The crypto market cap dropped $44 billion in 24 hours, with total market cap testing $3.67 trillion support levels
- Bitcoin fell to $107,478, marking a two-month low after breaking below the key $108,000 support level
- A major whale sold 24,000 Bitcoin worth $2.7 billion, triggering $900 million in forced liquidations
- $13.8 billion in Bitcoin options expired today, creating additional volatility and uncertainty in the market
- September historically shows weak crypto performance, with eight of the last ten years closing lower for Bitcoin
The cryptocurrency market faced widespread declines on September 1, 2025, as multiple factors combined to create selling pressure across digital assets. The total crypto market…
