Top Reasons Why the Crypto Market Is Going Down Today

The Crypto market fell sharply on Wednesday, Oct. 7, as a macro-driven risk reversal triggered widespread selling across major tokens. Total capitalization declined 3% over 24 hours to $2.85 trillion. Bitcoin price slid toward $83,716, while Ethereum and XRP extended losses. Rising oil, Treasury yields, and the dollar reduced appetite for leveraged positions. Ad Ad