Why Is The Crypto Market Down Today? 😭
The cryptocurrency market experienced a downturn, with the total market capitalization dropping to $2.51 trillion The market volume in the last 24 hours has fallen by 9.22%. Bitcoin, the largest cryptocurrency, is currently trading at $67,659, 2.82% down over the past seven days and 0.22% decrease in the last 24 hours. Ethereum, the second-largest cryptocurrency, is trading at down by in the last three days.
The cryptocurrency market is down today as fear rises among investors after Mt. Gox’s $9 billion bitcoin transfer and slowing inflows of the U.S. spot bitcoin ETFs
