Why is Crypto Market Down Today? (12th Aug 2025)

The crypto market today is facing a pullback, with its total valuation falling 2.54% to $3.96 trillion. Meanwhile, the intraday trading volume has climbed 11.01% higher to $192.79 billion, hinting at growing activity despite the drop. That being said, Bitcoin’s dominance remains at 59.7%, while Ethereum is up a notch higher at 13.1%.

Talking about market sentiment, it stays in the “Greed” zone at 60 on the Fear & Greed Index. The correction comes after a strong monthly rally, as profit-taking, heavy token unlocks, and macroeconomic caution weigh big on prices.