The crypto market is down today due to the rise in interest rates in the United States, which has led to a decrease in the value of digital currency.
Investors are turning to traditional assets such as bonds and stocks due to increasing yields, which has reduced interest in cryptocurrencies.
Concerns about government regulation of cryptocurrencies have also weighed on the market, as investors fear that strict measures may be taken in the future.
However, some experts believe that the current market downturn could be temporary and that demand for cryptocurrencies could rebound in the future.