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Monday, 28 September 2026

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Crypto

Why is Crypto Down Today

· Coinpedia

The crypto market is down 2.07% to $2.85 trillion after Bitcoin fell below $82,700, triggering about $70 million in long liquidations. The drop followed Bitcoin’s failure to hold the $87,000 resistance level, prompting profit-taking across major altcoins. Layer 1 tokens fell 2.21%, while the Binance ecosystem declined 2.02%. Geopolitical uncertainty also weighed on risk sentiment. The market is now watching the $2.85 trillion support level, with a break potentially exposing the $2.8 trillion area.

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