Why Is Crypto Market Down Today and Will It Recover After Fed Meeting?Red candles cover crypto screens again. Why is crypto market down today? A mix of trade tariffs, a shocking Bitcoin theft case, and fading hope for the Clarity Act has spooked traders overnight.Per CoinGecko data, the global crypto market cap sits at $2.75 trillion, down 1.1% in the last 24 hours. Daily trading volume is at $72.1 billion. Bitcoin dominance holds at 57.3% while Ethereum dominance is at 10.9%.Source: Coingecko Data Key Takeaways Crypto's total valuation dropped to $2.75 trillion as top losers SAFEbit, AI XOVIA and Anoma crashed hard. New Canada-US tariffs, a $240 million Bitcoin theft plea, and Clarity Act delays are fueling fresh fear. Over 72,500 traders got liquidated in 24 hours, with $200.83 million wiped out. Why Is Crypto Market Down Today, Exactly Right Now?Three tokens led the crypto market down today. SAFEbit (SAFE) crashed 50.4%, now at $0.09805. AI XOVIA (AIX) fell 44.2% to $0.5998. Anoma (XAN) dropped 30.0%, trading at $0.01408. These sharp falls added weight to an already shaky...
