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ETH Falls Below $2K, BTC Under $80K Amid Recession Fears

Crypto markets took another hit Monday as markets sweated Trump's comments on the recession.
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Mar 10, 2025 • 1 min read

Bitcoin and Ethereum prices plummeted as financial markets reacted to President Trump's recession comments and inflation concerns.

What’s the Scoop?

  • Market Response: Bitcoin price dropped below $80,000, rebounding slightly but remaining down almost 5% on the day while ETH briefly dipped below $2,000.
  • Recession Fears: President Trump hinted at potential recession during a weekend interview, causing market instability.
  • Wider Market Impact: Major coins like Cardano, Solana, and Dogecoin saw sharper losses, with ADA down 10% and SOL down 9%.

Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.

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