Why is the crypto market down today?

The cryptocurrency market is down today as investors remain cautious after Bitcoin failed to sustain the FOMC and another “Trump pump” rally to $87,000.

The cryptocurrency market is down on March 21, with the total market capitalization dropping by 2.5% to about $2.75 trillion. 

24-hour performance of large-cap cryptocurrencies. Source: Coin360

Several factors have contributed to the latest drop in crypto prices, including:

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