The post Why is Crypto Market Down Today? (12th Aug 2025) appeared first on Coinpedia Fintech News
The crypto market today is facing a pullback, with its total valuation falling 2.54% to $3.96 trillion. Meanwhile, the intraday trading volume has climbed 11.01% higher to $192.79 billion, hinting at growing activity despite the drop. That being said, Bitcoin’s dominance remains at 59.7%, while Ethereum is up a notch higher at 13.1%.
Talking about market sentiment, it stays in the “Greed” zone at 60 on the Fear & Greed Index. The correction comes after a strong monthly rally, as profit-taking, heavy token unlocks, and macroeconomic caution weigh big on prices.
Profit-Taking Dominance Pressures Prices
The top crypto Bitcoin’s price decline to $118,883 triggered $72 million in long liquidations. Thereby contributing to $442.31 million in total crypto liquidations in the past 24 hours. Successively, Ethereum was hit the hardest with $130.02 million liquidated, follow
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