Why is the crypto market down today?😯😯
The cryptocurrency market is down today, with the total market cap dropping 2.60% to $3.34 trillion. Key factors include:
1. Stalled US-China trade talks fueling investor uncertainty.
2. Over $683M in futures liquidated, mostly longs ($617.85M), amplifying selling pressure.
3. Technical breakdown risks pushing the market cap toward $3.1T.
Stay cautious as volatility continues.
