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Why is the crypto market down today?

The crypto market is crashing today, August 18, with Bitcoin falling below $115,000 and the total valuation of all tokens plunging below $4 trillion. Summary The crypto market crash continued amid a jump in liquidations. Traders are eying the upcoming Jackson Hole Symposium.  Cryptocurrencies are also falling amid profit-taking among investors. Top altcoins like Ripple…

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Here’s why ETH is down today

After nearly a month in the green, Ethereum price has come with the market’s second-largest cryptocurrency reversing sharply from its recent highs. Summary Ethereum price has dropped 5% in the past 24 hours, extending a 10.6% decline from this month’s peak above $4,759. Over $870 million in leveraged crypto positions were liquidated in the past…

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