Why Is Crypto Crashing Today?

The crypto market fell 4.62% over 24 hours to $2.21 trillion on Saturday, as tighter financial conditions pushed investors away from risk. Bitcoin dropped 5.03% to $65,139.39 and is down nearly 14% this week. Ether lost 5.5% to $1,817.97, Solana slid 9.08% to $72.28 and BNB fell 7.06% to $585.70. XRP dropped 5.98% to $0.9549, slipping below the $0.99 support level traders had marked as critical. The Fear and Greed Index sank to 15, signalling extreme fear. The main pressure is coming from outside crypto.