Why Crypto is Crashing? Bitcoin News, Pi Network Price, Nvidia Stock Plunge
March 10, 2025 08:47:38 UTC
Ethereum price crashes today
Ethereum has a lot of pressure to sell, dropping below $2,000 earlier today, and if support fails, it could drop to around $1,250. Over the past week, ETH lost more than 16%, pushing its year-to-date loss to more than 37%. ETF outflows and massive liquidation add to bearish outlook. However, the main whales are accumulating ETH, withdrawing 600,000 tokens from the exchange, indicating a long-term holding. The Bulls must recover $2,460 of resistance to trigger recovery.
March 10, 2025 08:44:41 UTC
US stock market and crypto market crash
U.S. stock market futures fell sharply during the Open, with the Dow falling 300 points and the Nasdaq 100 down 1%. This sharp decline in traditional markets has been reflected in the cryptocurrency sector, in which case the price drop indicates a growing risk for investors. Amid the current uncertainty, the decline reflects cautious caution as market participants cheer up further and pay close attention to economic and geopolitical developments.
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March 10, 2025 07:50:57 UTC
Today’s crypto market sells
Another Sunday sell-off in cryptocurrencies dropped Bitcoin to $80,000 at 7 p.m. ET, marking a 7% drop in 24 hours. Despite a brief rebound to $80,700, BTC still heads to its 2025 low of about $78,000. Other major coins, including Ether, Solana and XRP, also fell, while Cardano and Dogecoin fell by about 12%. On Fox News, President Trump warned his tariff and budget cut policies could lead to disruptions. U.S. stock index futures also fell by about 0.85% overall.
March 10, 2025 07:50:57 UTC
PI network price crashes over 10%
The PI coin price fell to $1.26 before rebounding to $1.41, down 12% per day and 16% per week. This downturn reflects a broader cryptocurrency correction as Bitcoin briefly dropped to $80,000 and many altcoins are in red. Additionally, Binance’s inaction on PI trading (although 86% of the community voted to go public) could undermine liquidity, while other exchanges such as Bitget, Okx and MEXC have already enabled trading.