The post Why Did Crypto Crash Today? appeared first on Coinpedia Fintech News The cryptocurrency market cap 2.95% in the past 24 hours, reducing its total value to about $2.03 trillion.

The crypto market crash was mainly triggered by higher-than-expected U.S.

inflation data, which increased expectations that the Federal Reserve could keep interest rates higher for longer.

That prompted investors to sell riskier assets, including cryptocurrencies.

Persistent outflows …