Crypto crash: Why is crypto down today

Why is crypto down today? Explore the top reasons behind the drop, Bitcoin price crash, Fed policy, and if the market will recover or fall further. The crypto market is going through one of its toughest phases in months. While Bitcoin has managed to hold up relatively well, most altcoins have taken a sharp hit, leaving traders wondering why altcoins are crashing so hard right now. Why Crypto is Dropping? Crypto analyst Michaël van de Poppe explains that one major reason behind the steep fall is the limited tradable supply. He points out that if only about 10% of an altcoin’s total supply is available for trading, any large sell order ... The crypto market is going down. Bearish signals are mounting suggesting the rest of the year will bring more losses. After weeks of continuous rallies and significant gains, crypto investors have witnessed a crypto market crash, with the Bitcoin price dropping to $97.2 K today. The token was in its prime just a few days ago, hitting an ATH at $103.9k with a rally triggered by Donald Trump’s win in the US elections on November 6. However, the rally halted in the last few days as the token struggled to overcome the consolidation, concerning investors on the bull run running short. With this, all the major ...