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Why is the crypto market down today?

cryptoweekly by cryptoweekly
February 28, 2025
in bitcoin, News
0

The crypto market sold off during early Asian trading hours on Feb. 28 as Trump says tariffs against Canada and Mexico will go ahead as scheduled.

The cryptocurrency market is bleeding on Feb. 28, with the total market capitalization dropping by 6.4% to about $2.65 trillion.

24-hour performance of large-cap cryptocurrencies. Source: Coin360

Several concrete factors have contributed to the latest drop in crypto prices, including:

Read more

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Recent Posts
  • Arthur Hayes says to trade new stablecoin IPOs like a ‘hot potato’
  • Optimism targets decentralization with ‘season 8’ governance revamp
  • 9GAG founder’s MemeStrategy gains 29% after first Solana buy
  • Paradigm urges jury clarity in Roman Storm’s Tornado Cash case
  • Bitcoin dips amid reports Trump has called advisers to situation room
  • Bitcoin production costs up 9% on higher hashrate, energy prices
  • JPMorgan files ‘JPMD’ trademark for crypto payment services

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