Cryptocurrency Price Action Update Bitcoin (BTC): Today's price is US $83,156.08, with a 24-hour trading volume of US $37,596,404,147. The price has risen by 3.67% in the past 24 hours and has decreased by -0.94% in the past 7 days. The circulating supply is 19.85 million BTC, and Bitcoin's market cap is US $1,650,648,227,700. Ethereum (ETH): Today's price is US $1,550.32, with a 24-hour trading volume of US $13,201,993,812. The price has increased by 0.93% in the past 24 hours and has decrea...

Today's cryptocurrency market has seen a significant downturn, with major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) experiencing substantial price drops. Here is an analysis of the main reasons behind this crash:1. Stock Market Decline Drags Crypto DownToday's opening of the U.S. stock market was marked by a decline, with the Nasdaq index already entering a bear market. The drop in stocks inevitably pulls the cryptocurrency market down as well, given their deep interlinkage. Bitc...