The crypto market is going down as global markets face heavy selling pressure.
🔹 Bitcoin (BTC): Down 3.08%
🔹 Ethereum (ETH): Down 0.36%
🔹 Total Crypto Market Cap: Down 3.42% to $2.54 trillion.
But why is the market falling?
The semiconductor and AI sectors are also facing a major selloff. Around $2.5 trillion has been wiped off the stock market, and this negative trend is putting pressure on crypto too.