Why is crypto market crashing today?

**Crypto Market Experiences Sharp Decline as Bitcoin Drops Below $109K**

The cryptocurrency market faced significant turbulence on September 26, with the total crypto market capitalization plummeting over 2% to $3.85 trillion within 24 hours. Bitcoin, the leading digital asset, broke below the critical $109,000 support level, triggering widespread selling pressure across major cryptocurrencies.

Market volatility intensified as more than $1.2 billion in liquidations swept through trading platforms, forcing leveraged positions to close and amplifying the downward momentum. This substantial liquidation wave indicates overleveraged traders were caught off-guard by the sudden price action.

The crypto market crash highlights the inherent volatility in digital assets and blockchain-based investments. Bitcoin's failure to maintain above $109,000 suggests weakening bullish sentiment among institutional and retail investors. DeFi tokens and altcoins typically follow Bitcoin's price movements, contributing to the broader market decline.

Cryptocurrency traders should monitor key support levels closely as market conditions remain unstable. The significant liquidation volume demonstrates the importance of proper risk management in volatile digital asset markets.