Why is the Crypto Market Down Today?

The crypto market is once again under pressure today, falling about 2%, pulling back to a total value of $2. 61 trillion. Interestingly, 87 out of the top 100 cryptocurrencies are currently trading in the red. Bitcoin, the leading cryptocurrency, has dropped to its lowest level since April last year and is now trading around $77,324. … source: https://coinpedia.org/news/why-is-the-crypto-market-down-today-key-factors-behind-bitcoin-and-ethereums-drop/