From Yahoo Finance: 2025-05-20 09:23:00

The crypto market experienced a significant dip on May 15, with Bitcoin failing to sustain gains and ending the day in the red. Altcoins also saw a pullback after recent rallies. The correlation between crypto and equities remains strong, with risk-on assets following U.S. market movements closely. Investor appetite for high-risk coins appears to be cooling temporarily.

Altcoin market cap, including ETH, is down 2.67% today, while excluding Ethereum, it is down 2.66%. This broad-based dip indicates a temporary decrease in investor interest in high-risk coins. Several macro headwinds, including tariff concerns and cautious Federal Reserve policies, are adding pressure to the crypto market.



Read more at Yahoo Finance: Why Is Crypto Down Today? Here’s What You Need to Know