Why the Crypto Market Is Down?
The crypto market is down due to a mix of global economic pressure and internal market dynamics. Investors are becoming more cautious as interest rates remain high and the US dollar stays strong, which reduces appetite for risky assets like cryptocurrencies.
At the same time, Bitcoin’s recent pullback has dragged the entire market lower, as most altcoins closely follow BTC’s price movement. Many traders are also taking profits after earlier rallies, adding to selling pressure.
Another major factor is leverage liquidations. When prices fall, exchanges automatically close over-leveraged positions, causing sudden and sharp drops. Low trading volume has made these moves even more severe.
ETH
1,911.28
-1.28%
BNB
604.37
-0.50%
BTC
65,398.62
-2.23%