Why Is the Market So Bearish Today?

Today, May 15, 2025, markets are down and investor confidence is low. Bitcoin (BTC) dropped below $104,000 and is now around $102,259, down over 1.5%. Ethereum (ETH) is also falling, and altcoins like XRP and SOL have lost about 5% in 24 hours. This shows a clear bearish mood in crypto.

Outside crypto, oil prices fell by around 3% due to hopes of a U.S.-Iran deal, which would increase oil supply. Gold prices also dropped by 1.45%, showing weakness in commodities too.

Lastly, everyone’s waiting for U.S. inflation data (PPI). This key report might impact interest rates and economic outlook, making traders cautious.

In short, crypto, oil, and gold are down, and uncertainty is high — all signs of a bearish day in global markets.