The post Why is the Crypto Market Down Today? BTC, ETH, XRP Lead Drop appeared on BitcoinEthereumNews.com.

The crypto market falling this day due to Bitcoin, Ethereum and XRP losing their value. Bitcoin fell to nearly $85,700, which is over 3% drop. Ether dropped to less than $3,000 and XRP declined to approximately $1.89. What Caused The Crypto Market Liquidations Today? The selling pressure happened across the large-cap tokens. According to CoinMarketCap, Ethereum dropped by nearly 5% in 24 hours. The prices of XRP and BNB dropped in a similar manner. These pullbacks caused a decrease in the total value of the crypto market. The leveraged positions began to unravel fast as the price dropped. This coincided with crypto volatility tied to options expiry, causing an increase in forced selling in the derivatives market. Liquidation data showed that more than $600 million in crypto positions were liquidated over the past 24 hours. Long positions accounted for over $514 million of those losses. BoJ Rate Hike Fears Pressure Crypto Market Macro uncertainty remains the primary trigger. Traders are positioning ahead of a possible Bank of Japan (BoJ) rate hike later this week. Even speculation around policy shifts has pressured risk assets. This risk sensitivity mirrors earlier market reactions highlighting that Bitcoin price faces drop as the odds of a BoJ rate hike soared. Market analysts observe that the dynamic has been repeated on a number of occasions. Analysts at Milk Road reported that the previous three increases in rates by the BoJ were accompanied by sharp declines in BTC price. In both scenarios, Bitcoin dropped by over 30%. Although the past cannot be a predictive factor, it is this trend that has made traders particularly sensitive to any change in Japanese monetary policies. Can the BoJ Decision Shock the Crypto Market Again? Analyst Lark Davis noticed that crypto and equity markets traded down together, and that indicated a…

---

Filed under: News - @ December 16, 2025 12:28 am