Why is the Crypto Market Down Today?

The crypto market witnessed a substantial downturn on Thursday, April 25, 2024, with the global crypto market cap plummeting by 4.30% to $2.36T, according to data from CoinMarketCap. This decline was accompanied by notable dips in major crypto assets, raising concerns among investors and market analysts. Major Cryptocurrencies Face Sharp Declines Consequently, Bitcoin, the world’s