The cryptocurrency market is down today as investors view crypto products funds outflows and Trump’s policies as cues for bearish market momentum.
The cryptocurrency market erased all gains from President Trump’s US Crypto Strategic Reserve announcement, plunging by over 14.7% in seven days to reach $2.7 trillion on March 10.
Top cryptocurrencies and their 24-hour performances. Source: Coin360
Several factors have contributed to the latest drop in crypto prices, including: