Why the Crypto Market Is Falling Today: $BTC Drops Below $75k

Bitcoin’s price has dropped below $75,000, hitting its lowest point since early February. Right now, it’s around $74,500, which is over 10% lower than it was yesterday. This sharp drop happened after Bitcoin failed to stay above the $80,000 mark.

Other major cryptocurrencies like Ethereum, XRP, Solana, and Dogecoin are also going down. Ethereum is now around $1,430, its lowest in over five months. XRP is below $1.65, and both Solana and Dogecoin have dropped by more than 10%.

The whole crypto market is feeling the impact. The total market value has fallen to $2.37 trillion, down 11.04% in a single day. A big reason for this selloff is a “death cross” in Bitcoin’s chart—a pattern that traders take as a warning that prices could keep falling.

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