Why Are Bitcoin, Ethereum, and XRP Prices Going Down Today?

The post Why Are Bitcoin, Ethereum, and XRP Prices Going Down Today? appeared first on Coinpedia Fintech News

Cryptocurrency prices moved lower as the broader market cooled, even though no major negative news triggered the drop. The total crypto market value slipped to about $2.94 trillion, down roughly 1.5% over the past day. 

Bitcoin fell to around $87,100, giving up earlier gains. Trading data shows that Bitcoin dropped sharply within a short period, triggering the liquidation of about $66 million in long positions. These forced liquidations can accelerate price declines even without fresh headlines.