Here's Why Crypto Market And Bitcoin Price Are Falling Today

The crypto market fell 3% to $1.27 trillion in the last 24 hours, with total trading volume declining more than 20%. The selloff follows a much-awaited crypto market recovery amid spot Bitcoin ETF speculations, the U.S. Fed’s two consecutive interest rates “pause” and Chair Jerome Powell’s dovish speech, easing macro and geopolitical impacts; and renewed buying by institutional investors.