Crypto Market Slips: Here’s Why BTC, ETH, XRP, & Others are Falling Today

Key Insights:

• The crypto market retreated today as traders reduced short-term exposure and locked in recent gains.
• Broad market sentiment weakened, but selling remained orderly with no signs of panic-driven liquidation.
• Select mid- and small-cap tokens posted gains, pointing to capital rotation rather than a full market sell-off.

The crypto market fell sharply today amid a broad risk-off move in global markets. CoinGecko reports the total crypto market cap around $3.23 trillion (down 2.6% in 24 hours).

Across the board, the crypto market slipped again: Bitcoin traded below $92,500, and Ethereum was around $3,205.

Meanwhile, XRP slid under $2.0 amid a broader crypto sell‑off, with the token trading around $1.87 and dipping as low as $1.91 in the last 24 hours, while volume jumped over $3.6 billion, reflecting fresh pressure on major crypto prices.

Crypto Market Drops as Trade Tensions Dampen Sentiment

Investors were rattled by President Trump’s renewed tariff threats to Europe. Over the weekend, Trump announced new 10–25% tariffs on imports from several NATO allies, including Denmark, Germany, Norway, the Netherlands, Finland, and Britain.

The EU responded harshly, calling the move “blackmail” and preparing retaliatory duties. The looming trade war sparked a broad selloff that hit the crypto market especially hard.

In other words, the crypto prices fell as trade relations between the U.S. and the EU worsened.

Reuters similarly reported that cryptocurrencies “tumbled,” leaving Bitcoin price down nearly 3% (around $92,740), Ethereum over 4% (about $3,205), and XRP price by about 4%.

Regulatory Uncertainty Adds to Crypto Market Selloff

Policy setbacks compounded the pressure on crypto prices. In Washington, the Senate Banking Committee abruptly delayed a markup of the bipartisan “Clarity Act” after Coinbase CEO Brian Armstrong publicly said the bill had “too many issues” and could not be supported.

The postponement highlights unresolved regulatory questions (especially over stablecoin yields). Crypto market observers say these delays have dampened investor appetite.

For example, analysts at J.P. Morgan now expect U.S. interest-rate cuts through 2026, removing what had been a potential boost for crypto. In short, delayed legislation and policy noise have further weighed on crypto prices.

Technical Stress and Liquidations

Technically, the market is fragile. Bitcoin fell below a key support level of around $95,000 Today, trading down to roughly $92,263 at one point.

As crypto prices slid, leveraged traders were forced out: CoinGlass data show over $864 million in crypto positions liquidated over 24 hours (mostly long bets). Many altcoins fell even further under this downside pressure.

For now, the crypto market will likely remain under pressure until some of these uncertainties abate. The market’s Crypto Fear & Greed index has dropped into “Fear” territory (44).

Traders and analysts alike will be watching developments closely. In the interim, Monday’s action underscores that Bitcoin, Ether and their peers still trade as highly cyclical, risk-sensitive assets – falling alongside stocks and commodities when global sentiment sours.