Why is Crypto Up or Down?

Crypto is down (-0.9%) β€” Top: SHIB -4.4%

Crypto markets traded modestly lower on average (about -0.94%) as risk appetite softened amid renewed caution around Ethereum, following widely circulated commentary warning that β€œthe worst is still ahead” for ETH and reinforcing near-term downside narratives. That uncertainty showed up in choppy ETH price action and spilled into higher-beta tokens, with names like Shiba Inu and Aave underperforming as traders trimmed exposure. Offsetting headlines around infrastructure funding (Alpaca’s $135M raise) and payments on-ramps (Bitunix’s Visa debit card launch) were constructive but not enough to shift sentiment in a session dominated by macro positioning and Ethereum-led volatility.

37 moves Β· 20 sources Β· Last 24h Β· 8 up / 29 down

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