Crypto Market Trend
Date: June 1, 2025
Market Cap 24h Change: -1.49%
Reason: The market has been down by -1.49% but the reason is not clear.
Date: May 31, 2025
Market Cap 24h Change: -2.20%
Reason: The market has been down by -2.2% because BlackRock’s Bitcoin ETF experienced its biggest outflow ever, ending a 31-day streak of inflows, which may signal shifting institutional sentiments or profit-taking strategies. Alongside this, there has been increased pressure on altcoin traders, leading to significant liquidations across the market, with crypto liquidations surpassing $712 million. These factors contribute to the negative sentiment observed, exacerbating current market volatility.
Date: May 30, 2025
Market Cap 24h Change: -3.99%
Reason: The market has been down by -3.99% because of a confluence of geopolitical and operational challenges. Donald Trump's suggestion of a collapse in the China trade deal has generated geopolitical uncertainty, exerting downward pressure on the market. Moreover, the Chainlink oracle malfunction causing $500,000 in DeFi liquidations has raised concerns about the reliability of decentralized infrastructure, increasing market apprehension. These factors, along with significant liquidations in leveraged positions, have contributed to heightened volatility and negative sentiment.
Date: May 29, 2025
Market Cap 24h Change: -2.67%
Reason: The market has been down by -2.67% because the Federal Reserve's warning about 'difficult tradeoffs' has led to a significant decline in crypto mining stocks, reflecting broader apprehensions about potential impacts on the cryptocurrency market. This negative sentiment is further compounded by other factors such as Solana's anticipated decline versus Ethereum amid the cooling memecoin craze, which highlights decreased investor confidence. These elements contribute collectively to the ongoing downturn in the market.
Date: May 28, 2025
Market Cap 24h Change: -3.81%
Reason: The market has been down by -3.81% because
GameStop's substantial $512 million Bitcoin purchase has led to a significant drop in their stock prices, falling by 11%. This reaction likely reflects broader market concerns about large, concentrated Bitcoin investments and their immediate impacts. Such volatility and investor apprehension, as indicated by GameStop's stock decline, likely contribute to the negative sentiment in the crypto market, reinforcing a cautious outlook amidst ongoing uncertainties.
Date: May 27, 2025
Market Cap 24h Change: -1.36%
Reason:
The market has been down by -1.36% but the reason is not clear.
Date: May 26, 2025
Market Cap 24h Change: -0.48%
Reason: The market has been down by -0.48% because of security concerns within the cryptocurrency sector. High-profile incidents, such as a crypto trader losing $2.5 million in USDT due to an address poisoning scam, likely contribute to decreased investor confidence. Such events, along with ongoing regulatory scrutiny, negatively impact sentiment and result in a downturn in the market.
Date: May 25, 2025
Market Cap 24h Change: -3.24%
Reason: The market has been down by -3.24% but the reason is not clear.
Date: May 24, 2025
Market Cap 24h Change: -1.83%
Reason: The market has been down by -1.83% but the reason is not clear.
Date: May 23, 2025
Market Cap 24h Change: -4.27%
Reason: The market has been down by -4.27% because US President Donald Trump's announcement of potential tariffs on imported iPhones and EU products has resulted in a significant decline in Bitcoin prices by around 4%. This geopolitical tension has negatively affected investor sentiment, contributing to the downturn in the crypto market.
Follow Us
Newsletter
Join our newsletter to receive the latest updates, news and insights!
Rest assured, we won't spam your inbox!