Why Is the Crypto Market Down Today?
Massive Liquidations, Options Expiry, and Global Uncertainty Drive Market-Wide Crypto Selloff.
$656M in crypto liquidations hit markets, with long positions taking the biggest losses
Bitcoin options expiry worth $11.5B added volatility and triggered major sell pressure
U.S.-China trade tensions reignited investor caution and risk-off behavior in crypto
Bitcoin breached key 50- and 200-day MAs, signaling short-term bearish technical momentum