Why Is the Crypto Market Down Today?

Here are some reasons why the crypto market might be down today .

The Ethereum upgrade did not meet expectations

The Dencun upgrade on Ethereum led to a notable decline in ETH price

Interest rate cuts by the Bank of Canada and the European Central Bank, which may have caused a market reaction

Rate cuts by central banks may not happen as quickly as expected

The SEC has faced criticism from crypto insiders for holding the industry to traditional disclosure regimes

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