What Happened In Crypto Market Today? Who’s Behind the Major Drop?What happened in crypto market today? The crypto market fell 3.0% to $2.69 trillion as Bitcoin dropped to $77,583.66, altcoins slid across the board, and over 81,000 traders got liquidated for $381.09 million, following a big Bitcoin ETF outflow and cautious Fed comments.The drop hit almost every corner of the market at once. Bitcoin, Ethereum, XRP and Cardano all fell together. Memecoins fell even harder. And the pressure came from more than one direction today.Key Takeaways The global crypto market cap dropped to $2.69 trillion, down 3.0% in 24 hours, per CoinGecko data. BTC ETFs saw a $201.81 million net outflow on August 28, the biggest single day pull of the month, per SoSoValue. Liquidations hit $381.09 million across 81,682 traders in 24 hours, per CoinGlass. Why Did Bitcoin And Altcoins Crash Today?Bitcoin fell over 2.5% intraday and traded at $77,583.66. Ethereum dropped 2.8% to $2,435.73. XRP slid 2.7% to $1.38, and Cardano lost more than 4.5% to trade at $0.1998. Bitcoin dominance held at 58%, while Ethereum...
