Key Takeaways:
The crypto market is down across the board today.
Over $1 billion of Bitcoin longs were liquidated after the price drop, and Ethereum fell 11% in overnight trading.
With mixed signals from the Fed and red September living up to expectations, traders are reminded of crypto volatility.
One question on everybody’s mind today: why is the crypto market down? On the heels of two strong months, the digital asset market just took a sharp U-turn.
Bitcoin nosedived below $112,500, with over $1 billion of leveraged long positions vanished in a flash, as traders scrambled to make sense of the dump.
Ethereum didn’t fare any better, falling 11% in overnight trading to hit its lowest level since August 8. Even the crypto market’s darling Hyperliquid tumbled 8%, unaided by former BitMEX CEO Arthur Hayes publicly dumping all his HYPE. So, what gives? Why is the crypto market down today?
This crypto rollercoaster isn’t just running out of rails; it’s just remindin
We współpracy z: https://www.thecoinrepublic.com/2025/09/22/why-is-crypto-market-going-down-today/
