CryptoHappenings

Why is Crypto Up or Down?

Crypto is down (-1.6%) — Top: ETC -6.4%

Crypto markets drifted lower (average -1.57%) as macro risk sentiment softened after reports that Trump is raising tariffs to 15%, a headline that tends to pressure higher-beta assets like crypto and helps explain broad-based pullbacks. Within that risk-off tape, idiosyncratic moves stood out: Aave outperformed on relative strength as investors rotated into select DeFi names, while sharper declines in assets like Optimism and Ethereum Classic suggest traders were quick to de-risk more volatile alts amid a cautious backdrop. Separately, industry headlines questioning mainstream adoption for blockchain apps and renewed focus on custody and holdings (Coinbase/BlackRock/Strategy) reinforced a more sober tone, keeping rallies selective rather than market-wide.

25 moves · 20 sources · Last 24h · 4 up / 21 down

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