Yesterday, Tuesday, October 7, a decline began in the crypto markets that is partly continuing today.
Although the picture may appear relatively simple, the explanation of the reasons behind this decline in crypto is not at all.
In fact, to understand the reasons, it is necessary to consider not only the current framework but also the historical one.
The Current Crypto Market
At this precise moment, the crypto market is dominated by Bitcoin.
Although the altcoin season index of CMC expresses a nearly neutral value, in reality, Bitcoin’s 59% dominance prevails over almost everything else, with rare exceptions. Therefore, the crypto market as a whole is following Bitcoin’s trend.
The most important exception is BNB, near the all-time highs recorded yesterday, but HyperLiquid is also an exception. Among the top 15 cryptocurrencies by market capitalization, excluding stablecoins, there are no other exceptions.
Therefore, the causes behind the decline of cryptoc
We współpracy z: https://en.cryptonomist.ch/2025/10/08/why-are-cryptos-down-today/