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Why Is the Crypto Market Dropping Today?
In the last 24 hours, crypto prices have fallen again — and it’s not just because of the global economy. Here’s what’s really causing the sell-off:
Ethereum ETF Delay Worries Investors
The SEC has delayed its decision on approving Ethereum ETFs. Many expected approval soon, so the delay made people nervous — especially big investors.
Big Wallets (Whales) Taking Profits
Bitcoin couldn’t stay above $95K, so large holders started selling to lock in profits. This caused other traders to panic, triggering stop-losses and wiping out over $500 million in long positions.
Less Liquidity Before Fed Decision
With the U.S. Fed about to announce interest rate news, market makers are playing it safe and pulling money out of risky assets like crypto. This makes prices more sensitive to even small sell-offs.
Less Activity on Ethereum and Solana
Fewer people are using Ethereum and Solana this week. There are fewer transactions and less fees being generated, which shows weak demand and adds pressure to prices.
Bottom Line:
With regulatory delays, weak demand, and big players selling, the market is nervous. Until things get clearer, expect more ups and downs.
