As of March 10, 2025, Bitcoin’s price fell below $80,000, with a low of $79,553, trailing a 14% decline over the week. Ethereum’s price also saw a significant drop, reaching $2,013. Dogecoin experienced the steepest decline, losing around 13%.
Market volatility is largely influenced by President Trump’s comments on potential recession risks. This sentiment has not only affected cryptocurrency prices but has also seen significant declines in stock indices such as the Nasdaq and S&P 500.