Many crypto assets faced volatility issues recently, leading to the crypto market heatmap dominated by red. It has not happened for the first time, as with the start of the second quarter of 2024, the crypto market is going through major price fluctuations and volatility issues.
It clearly demonstrates a market fall today where the cryptocurrencies are dipping. Many will be terrified of the market crash and might end up selling their crypto, initiating selling pressure.
In this blog, let us discuss why the crypto market is falling today.
Overview Of Crypto Market
The global crypto market cap is $2.59 Trillion and has faced a decrease of 3% in the last 24 hours. The trading volume has also decreased to $99.71 Billion after facing a drop of 2.17%.
Though there is no major price fall in the case of Bitcoin and Ethereum, the cryptocurrencies like dogwifhat, wormhole, and a few other meme coins have dropped heavily. Talking of the meme coins, the overall market cap has decreased by 5.95%,
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