The cryptocurrency market is down today due to Trump’s latest restrictions on Nvidia, reports that China may dump its Bitcoin stash and weakening technicals.
The combined valuation of all cryptocurrencies has fallen by around 3.65%, or $97 billion, in the past 24 hours to reach $2.58 trillion on April 16.
TOTAL crypto market cap four-hour performance chart. Source: TradingView
The top catalysts that are driving the crypto market lower today include:
