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Why Is The Crypto Market Down Today?

Why Is The Crypto Market Down Today?

  • The crypto market cap dropped $111 billion to $3.78 trillion, with $3.73 trillion acting as key support; a rebound could target $3.89–$3.94 trillion.
  • Bitcoin trades at $112,345, holding above $110,000; flipping $115,000 into support could reignite bullish momentum toward $117,261.
  • MYX Finance fell 12.6% to $3.27 but remains above $2.64 support; reclaiming $3.71 could spark a recovery toward $4.00 and reverse losses.
6 minutes ago
Gate Launches Futures Points Airdrop Public Beta, Strengthening User Incentives Mechanism and Ecosystem Engagement

Gate Launches Futures Points Airdrop Public Beta, Strengthening User Incentives Mechanism and Ecosystem Engagement

Gate, a global leading cryptocurrency trading platform, officially announces the launch of the “Futures Points Airdrop Public Beta” event, offering a limited-time airdrop to all registered users. This public beta is centered around the idea of “Everyone can participate, and points equate to benefits”. Users only need to accumulate basic futures points to claim token

10 hours ago
Metaplanet’s Market Value Slides Below Bitcoin Holdings

Metaplanet’s Market Value Slides Below Bitcoin Holdings

  • Metaplanet’s mNAV falls under 1 .0, implying market discount versus Bitcoin holdings.
  • Company issues new shares via option exercise and redeems portion of corporate bonds.
  • Debate grows over mNAV’s usefulness as Metaplanet raises earnings forecast.
1 hour ago
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Gate Fun Officially Launches World’s First Community-Driven Token Launchpad Feature

Gate Fun Officially Launches World’s First Community-Driven Token Launchpad Feature

Gate has officially rolled out a groundbreaking update to Gate Fun, introducing the world’s first community-driven token launchpad feature. This upgrade transforms token launches from static events into dynamic, real-time community experiences, where users and creators collaborate directly from day one. A New Era of Interactive Token Launches As the flagship launchpad under the Gate

19 hours ago
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Top KOL Agencies for Web3 & Crypto Projects

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Find the best KOL agencies in 2025 that boost crypto projects with influencer reach, trust, and real community growth.

4 days ago
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Pi Coin Outperforms in Red Market— How Will Price React Next?

Pi Coin Outperforms in Red Market— How Will Price React Next?

  • Pi Coin’s money inflow is rising, but RSI-led momentum is weakening, creating a conflicting setup.
  • The falling wedge pattern suggests a possible reversal if PI breaks above $0.29.
  • A drop below $0.15 could invalidate the bullish setup and extend the correction.
6 hours ago
Key Holders Dump Solana Futures — What Whale Moves Signal for SOL Price

Key Holders Dump Solana Futures — What Whale Moves Signal for SOL Price

  • SOL's price price slid from $230 to $195 as key holders cut perpetual futures exposure by over 70%, signaling weakened confidence.
  • Whale positions dropped 101% last week, with large traders offloading risk amid volatile market conditions and fading bullish momentum.
  • Negative Balance of Power at -0.65 shows sellers in control, raising risk of a dip below $195 unless strong buyer demand returns soon.
9 hours ago
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You Could Soon Pay For Your Favorite Subscriptions In Stablecoins Via Stripe

  • Stripe reportedly expanded its stablecoin support to include recurring payments, hinting at deeper crypto integration.
  • A “private preview” FAQ mention confirms stablecoin subscription features, signaling broader Web3 adoption.
  • USDC remains the likely stablecoin of choice, marking a pivotal step toward mainstream crypto payment infrastructure.
10 hours ago
BitMEX Study Finds Cryptocurrency Funding Rates Positive 92% of the Time, Revealing a Structural Market Bias

BitMEX Study Finds Cryptocurrency Funding Rates Positive 92% of the Time, Revealing a Structural Market Bias

Mahe, Seychelles, Oct. 14, 2025: BitMEX, one of the safest crypto exchanges, announced today the findings of its study, “The Anchor and the Ceiling: Understanding the Structure of Funding Rates,” which reveals that two structural forces are driving cryptocurrency funding rates to remain positive 92% of the time and that rates above the 0.01% baseline

22 hours ago
HYPE Price Downtrend Deepens As Funding Rate Collapses To 6-Month Low

HYPE Price Downtrend Deepens As Funding Rate Collapses To 6-Month Low

  • Hyperliquid trades at $38.8, hovering below $38.9 support as selling pressure intensifies and Futures traders dominate with short positions.
  • Funding rate has fallen to a six-month low, signaling bearish sentiment, while the failed MACD crossover deepens downside risks for HYPE.
  • A drop to $36.7 or $35.7 is likely if pressure continues, though reclaiming $40.2 and breaking $43.5 could trigger a bullish reversal.
11 hours ago