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Why is the crypto market down today?

cryptoweekly by cryptoweekly
February 28, 2025
in bitcoin, News
0

The crypto market sold off during early Asian trading hours on Feb. 28 as Trump says tariffs against Canada and Mexico will go ahead as scheduled.

The cryptocurrency market is bleeding on Feb. 28, with the total market capitalization dropping by 6.4% to about $2.65 trillion.

24-hour performance of large-cap cryptocurrencies. Source: Coin360

Several concrete factors have contributed to the latest drop in crypto prices, including:

Read more

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Recent Posts
  • Russian authorities bust truck-based crypto mine draining village power
  • CBDT probes crypto tax evasion in India
  • Trump discloses $57M crypto windfall from World Liberty Financial
  • Spot Ether ETFs post outflow day after record 19-day inflow streak
  • Trump Media’s Bitcoin treasury registration ‘declared effective’ by SEC
  • 7 Solana ETF hopefuls file S-1s, but more ‘back and forth’ with SEC ahead
  • ETH price trend data suggests all future dips are for buying

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