Why Is the Crypto Market Down Today (October 24)?
Photo: Pixabay (illustration)
The crypto market is back under pressure on October 24, with Bitcoin trading around $80,650 and most large-cap altcoins moving lower alongside it. Ethereum is near $2,375, XRP around $1.28 and Solana close to $102. Bitcoin is down roughly 1% over the latest 24-hour period, but several altcoins have performed worse, which has pushed Bitcoin dominance higher. The decline is not being driven by one crypto-specific headline. Oil prices, inflation concerns, ETF withdrawals and another round of leveraged liquidations are all weighing on the market at the same time.
Source: CaptainAltcoin
