Crypto Bleeds Under $2 Trillion: Why Is the Crypto Market Down Today? (June 25, 2026)

The global cryptocurrency market cap fell more than 1.06% to 2.12% in the past 24 hours, dragging total capitalization to the $2.12 trillion baseline. This localized liquidation wave sent Bitcoin (BTC) slipping to intraday lows of $59,029 before bulls staged a defensive recovery to float back above $61,000.