Why Is The Market Down?

As investors try to make sense of the lackluster crypto prices today, the obvious reason is profit-taking after the previous rally. Bitcoin price soared past $105,000 while$BTC , $ETH , $XRP , and ADA bagged double-digit gains at the start of the week.

Ethereum price crash mirrors Bitcoin’s decline, with the potential expiration of $3.1B in BTC and ETH options pummeling prices. However, the Pi price decline is linked to the angst of community members after a dreary ecosystem announcement.