HomeUncategorizedWhy is the crypto market down today? By Cointelegraph

Why is the crypto market down today? By Cointelegraph

September 1, 2023

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The cryptocurrency market capitalization is down today, with the U.S. Securities and Exchange Commission (SEC) spoiling the rally this week.

The combined valuation of all cryptocurrencies has fallen 3.7% in the last 24 hours to $1.02 trillion on Sep. 1.

Crypto market performance in the past 24 hours. Source: Coin360.com
Liquidation heatmap of crypto assets. Source: Coinglass
DXY daily performance chart featuring its correlation with the crypto market cap. Source: TradingView
Crypto market’s daily performance chart. Source: TradingView