Why is Crypto Crashing Today?

On March 28, 2025, the cryptocurrency market experienced a notable decline, with Bitcoin (BTC) slipping below $87,000 and Ethereum (ETH) trading under $2,000. This downturn is largely attributed to escalating global trade tensions, particularly involving the United States, which have heightened investor uncertainty. Additionally, significant outflows from cryptocurrency exchange-traded products (ETPs) have contributed to the market’s volatility. Despite these challenges, some analysts view the current dip as a potential buying opportunity for long-term investors.