Why is Crypto Up or Down?

Crypto is down (-3.3%) — Top: SOL -7.8%

Crypto prices moved lower today (average -3.3%) as macro-driven risk-off sentiment weighed on the complex, with Bitcoin slipping below $65,000 after the “macro shocks” highlighted by The Block rattled an already fragile setup. ETF-related headlines also contributed to the pressure, as reports of February outflows and repositioning in Bitcoin and Ethereum products reinforced near-term selling and dampened dip-buying appetite. The pullback was most visible in higher-beta names such as Solana (SOL) and DeFi-linked tokens like Aave (AAVE), which typically underperform when liquidity conditions tighten and benchmark assets weaken.

36 moves · 20 sources · Last 24h · 2 up / 34 down

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