
Why is the crypto market down today?
The crypto market erased all gains from President Trump’s US Crypto Strategic Reserve announcement, plunging by over 14.7% in 24 hours to reach $2.64 trillion on March 4. Top cryptocurrencies and their 24-hour performances. Source: Messari Several factors have contributed to the latest drop in crypto prices, including: As US tariff wars escalated, nearly $980…