Why Is The Crypto Market Down Today?

In the volatile world of cryptocurrency, sharp declines can happen overnight, leaving investors scrambling for answers. Today, the total crypto market capitalization has plunged by $58 billion, hovering around $2.91 trillion after failing to hold above $3 trillion. Bitcoin (BTC), the market leader, has slipped to approximately $87,000, dragging altcoins like Midnight (NIGHT) down by a staggering 28% in the last 24 hours. If you’re wondering , this comprehensive breakdown covers the key triggers, technical insights, and what to watch next.

Market Snapshot: A Sudden Reversal After Recent Highs

The crypto market was riding high just days ago, with Bitcoin briefly surpassing $100,000 and the total market cap testing $3 trillion. However,…

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