Why Is Crypto Down Today? – August 29, 2025
The crypto market is down today after a couple of green days, with about 95 of the top 100 coins seeing their prices fall over the past 24 hours. Overall, the cryptocurrency market capitalization has decreased by 2.8%, now standing at $3.88 trillion, just below the $4 trillion mark. At the same time, the total crypto trading volume is at $149 billion.
TLDR: 95 of the top 100 coins have turned red today; All top 10 coins have dropped today, with ETH leading the list; BTC and ETH fell 2.7% and 5.2%, trading at $110,125 and $4,376, respectively; This is ‘a natural market correction following significant gains’; ’History cautions toward late‑Summer/September pullbacks even after sharp rallies’; ’Momentum may carry ETH higher in the near term’; ’Strong accumulation by long-term holders and on‑chain demand retention can help sustain BTC’s recovery’; ’Retail and institutional investors are...
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