Why is the crypto market down today? Bitcoin, Ethereum, XRP, Litecoin, and major altcoins plunged as ETF demand weakened. The cryptocurrency market is under severe pressure today. Bitcoin is hovering near $61,000, XRP has hit a 15-week low, Ethereum has shed over 25% this month, and Solana is among the hardest-hit majors.

Leading cryptocurrencies crashed on Tuesday as geopolitical uncertainty and Strategy Inc.‘s (NASDAQ:MSTR) sale of Bitcoin hammered sentiment.

Bitcoin has fallen below $70,000, dropping nearly 12% in a week. This decline is driven by institutional selling and negative ETF flows. Major altcoins like Ethereum, BNB, and…