Why is Crypto Up or Down?

Crypto is down (-3.1%) — Top: ADA -5.9%

Crypto prices moved lower today as traders de-risked into a large options-expiry window, with the market’s roughly 3.1% average decline consistent with short-term hedging and position trimming rather than a single-asset shock. The selloff was most visible in higher-beta names such as Cardano and other large-cap alts, which tend to underperform when derivatives flows and volatility expectations rise around major expiries. Risk sentiment also looked pressured by security and enforcement headlines, including reports of the “Torg Grabber” malware targeting hundreds of wallets and an India-linked arrest tied to crypto scam compounds, reinforcing near-term caution even as some narratives like XRP’s spot-demand backdrop remained comparatively constructive.

47 moves · 20 sources · Last 24h · 5 up / 42 down

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