Why Is Crypto Down Today? – January 7, 2026

The crypto market is down today, with the cryptocurrency market capitalisation falling by 1.6% to $3.24 trillion. Currently, 65 of the top 100 coins have dropped over the past 24 hours. At the same time, the total crypto trading volume stands at $150 billion. TLDR: Crypto market cap is down 1.6% (Wednesday morning, UTC); 65 of the top 100 coins and 9 of the top 10 coins dropped today; BTC decreased by 1.9% to $91,799, and ETH is down by 0.5% to $3,211; The US Fed remarks are dovish; The Fed Governor Steph ...