Why is Crypto Up or Down?

Crypto is down (-2.3%) β€” Top: ADA -5.9%

Crypto prices moved broadly lower today (average -2.6%) as risk appetite weakened amid ongoing geopolitical uncertainty, echoing reports of BTC sliding toward $66K and ETH dipping below $2K. The selloff was most pronounced in higher-beta majors like ADA, DOGE, and SOL, consistent with investors de-risking rather than reacting to project-specific developments. On-chain softness also added to the cautious tone, with reports that Bitcoin active addresses are down more than 30% from their 2025 high, while incremental positives like Fannie Mae’s acceptance of crypto for mortgages and Brazil’s new confiscation rule did little to offset near-term macro and liquidity concerns.

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