Crypto market drops $55 billion as Bitcoin hovers near $109,000 and Pump.fun tumbles 16%, testing key support amid cautious sentiment. Why Is the Crypto Market Down Today? Crypto market drops sharply as stock sell-off, DeepSeek’s rise, and Fed uncertainty weigh on Bitcoin and altcoins. Why is the crypto market down today? Bitcoin, Ethereum, and XRP drop amid bearish sentiment, liquidation spikes, and macroeconomic concerns. Crypto investors are on a selling spree. Here’s a guide on why the cryptocurrency market is moving on a descending trajectory and what’s really fueling it.
