Why is the Crypto Market Down Today Amid the End of the U.S. Government?
The post Why is the Crypto Market Down Today Amid the End of the U. S. Government? appeared com. The post Why is the Crypto Market Down Today Amid the End of the U. S. Government? appeared first Bitcoin (BTC) led the wider altcoin market in heightened selling pressure. The total crypto market cap dropped by 2% to hover around $3. 42 trillion at press time. BTC price slipped below $102k again after the bullish momentum failed to gain traction. Main Reasons Why Crypto Dropped Today Low market demand amid notable fear of further crypto capitulation The overall capital inflow to the crypto market has significantly declined in the recent past, as shown by the spot Bitcoin and Ethereum ETFs. Notably, Bitcoin’s Open Interest (OI) across all crypto exchanges has dropped to a seven-month low. It appears that Hyperliquid bridge has stopped processing withdrawals. No activity in 21 minutes pic. twitter. com/NFSeVHhE1t Conor (@jconorgrogan) November 12, 2025 Technical headwinds amid sell-the-news impact due to the reopening of the U. S. government Bitcoin price has led the wider altcoin market in bearish sentiment as gold investors enjoy more gains. As the wider crypto market recorded bearish sentiment in the past 24 hours, the Gold price surged 2% to trade at about $4,200 per ounce at press time. The technical headwinds in the wider crypto market coincided with the reopening of the.