The crypto market today has been in a tussle with the bears, as recession fears a nd liquidity pressures have sent shockwaves across crypto assets. The turbulence is such that the Fear & Greed Index has dropped to an “Extreme Fear” score of 15, for the first time since the FTX crash.

The price of Bitcoin crashed as low as 77,494 on Monday in a worsening drawdown that saw the foremost crypto plunge 5.6% as financial markets reacted to growing concerns over inflation and a potential recession in the United States, sparked by President Trump's comments over the weekend.

The cryptocurrency market continues to face sharp declines, with its total market cap dropping to $2.44 trillion on Tuesday—the lowest since early November. A significant factor adding to investor concerns is the recent movement of Bitcoin from Mt. Gox, the defunct exchange that collapsed over a decade ago.

BTC crashed to as low as $76,700.

Industry leaders argue that regulatory clarity on securities, taxation, and stablecoins is a more pressing concern.

Deaton has three reasons why Bitcoin's long-term outlook remains strong, despite market turbulence.

Bitcoin (BTC) and the broader crypto market are facing mounting pressure as recession fears escalate following comments from US President Donald Trump.

The uncertainly prevailing over the stock markets seems to have negatively impacted the crypto markets, which once were being benefited. This shift in market dynamics seems to be scary, revealing the excess dominance of the institutions over the markets.

The cryptocurrency market, led by Bitcoin (BTC) and Ethereum (ETH), has shed more than $1.3 trillion in valuation since U.S. President took the oath of office for his second term. The crypto market has experienced heightened selling pressure during the past eight weeks amid the mixed fundamentals, especially from the political environment.

XRP, Ripple Labs' native token, is in a crucial make-or-break situation due to bearish market sentiment and a recent price decline. Data from CoinMarketCap shows that XRP has lost over 6% of its value in the past 24 hours and is currently at a critical support level of $1.95.

Bitcoin price correction extends further dropping another 3.10% and slipping all the way under $80,000 levels today. Market analysts believe that the correction is not over yet and BTC could crash further all the way under $70,000 before resuming the uptrend.

Bitcoin's price has continued its downward trend, struggling to regain momentum after reaching its all-time high of $109,000 in January. Over the past week, Bitcoin has declined by 14.6%, with its price dropping an additional 4.4% in the last 24 hours.

Prominent financial commentator Peter Schiff has joked that there will be a boost in U.S. manufacturing since a lot of cryptocurrency millionaires "are going to need jobs."

EOS saw a significant drop, plunging 11.09% to $0.4347 by 20:52 (00:52 GMT) on Tuesday, marking its steepest one-day loss since March 3. The decline pushed EOSs market cap down to $693.15 million, making up just 0.03% of the total cryptocurrency market.

XRP tumbled 10.51% to $1.9390 by 20:39 (00:39 GMT) on Tuesday, marking its steepest one-day drop since March 3. The decline pushed its market cap down to $117.42 billion, representing 4.59% of the total cryptocurrency market.

Trump's impact on the crypto space seems to be fading as the markets continue to slide despite an executive order being signed for a Bitcoin strategic reserve. The price plunged hard and hit the bottom at $76,000.

XRP price started a fresh recovery wave from the $1.90 zone. The price is now consolidating and might struggle to clear the $2.10 resistance zone.

Long-term investors can draw solace from the fact that the dominance and RSI trends did not match the previous cycle tops.

Crypto Market Today (March 11): Bitcoin (BTC) price swooped to a multi-month low again, losing $80K as of early Asian hours on Tuesday. Ethereum (ETH), Solana (SOL), and XRP prices also lost 5%-10% intraday.

Defunct crypto exchange Mt. Gox moved almost a billion worth of Bitcoin, the second large BTC transfer in a week, as Bitcoin's price fell to a four-month low on March 11.Of the 11,833 Bitcoin (BTC) moved, 11,501 ($905.1 million) were sent into a new wallet, while the remaining 332 Bitcoin ($26.1 million) were transferred to a warm wallet, according to blockchain analytics firm Lookonchain, citing Arkham Intelligence data.

Michael Saylor, co-founder and chairman of Strategy (formerly Microstrategy), is intensifying efforts to acquire Bitcoin (BTC) by tapping into capital markets, announcing plans to issue up to $21 billion in preferred stock. Strategy Plans Major Sale Of Preferred Shares According to Bloomberg, the new offering will consist of 8% series A perpetual-strike preferred shares, which are convertible into class A common stock.

Bitcoin price started a fresh decline from the $90,000 zone. BTC is back below $82,500 and might continue to move down below $78,000.

XRP has been caught in the broader market downturn over the past week, shedding 19% of its value amid a wave of bearish sentiment. This downturn comes despite the fact that many analysts remain optimistic about its long-term prospects.

According to an X post by crypto trader Merlijn The Trader, Bitcoin (BTC) is following the ‘megaphone pattern', positioning the top cryptocurrency for potential upside momentum. However, BTC must stay above the $72,000 price level for the pattern to play out.

Mt. Gox, the defunct crypto exchange, has transferred 11,833.6 Bitcoin, worth approximately $931 million, to new addresses, sparking fears of potential sell-offs. According to on-chain data from Arkham Intelligence, the Bitcoin transfers, which took place on Mar. 11, saw 11,501.

The crypto market continued its decline this week, with its market cap dropping to $2.44 trillion on Tuesday, the lowest since early November. This price drop triggered over $937 million in liquidations within 24 hours. Meanwhile, concerns grew as the defunct Mt. Gox exchange moved 11,833 BTC, worth $932 million. Mt.

Singapore Exchange Ltd. (SGX) plans to introduce Bitcoin (BTC) perpetual futures in the second half of 2025, marking a major step into the crypto derivatives market.

The Utah Senate has passed a Bitcoin bill, advancing the states stance on cryptocurrency rights while omitting provisions for a state-run Bitcoin reserve. Initially expected to authorize the state treasurer to invest in Bitcoin (BTC), the bill instead focuses on protecting residents digital asset rights.

The ongoing cryptocurrency sell-off has spilled into equity markets, dragging down crypto-related stocks in pre-market trading Monday. MicroStrategy (MSTR) and Coinbase (COIN) both plunged over 5%, while bitcoin miners Marathon Digital (MARA), Riot Platforms (RIOT), Core Scientific (CORZ), and CleanSpark (CLSK) saw declines of at least 2.5%.

Changpeng Zhao (CZ), former Binance CEO, has weighed in on the latest cryptocurrency market crash, assuring that major coins should mostly do alright. As Bitcoin plunged to $77,527, marking its lowest point since November, Zhao noted that long-term holders have endured similar downturns before.

American investor Anthony Scaramucci has doubled down on his belief in a U.S. Strategic Bitcoin Reserve, emphasizing that its not about boosting Bitcoin but rather benefiting the nation. Taking to X (formerly Twitter), he argued that Bitcoin should be seen as a long-term strategic asset, likening the reserve to a modern-day Fort Knox.

Cathie Wood, CEO of ARK Invest, argues financial markets are underestimating the conclusion of a multiyear “rolling recession,” positing that fiscal reforms and technological innovation may spark a deflationary economic surge in late 2025.

While institutional dip-buying potentially triggers short squeezes, high liquidation risks persist.

Senior figures in the South Korean Democratic Party (DP), the largest party in the National Assembly, have floated plans to “include Bitcoin” in a portfolio of strategic reserves. The post S Korean Democratic Party Teases Strategic Bitcoin Reserve Plans as Election Looms appeared first on Cryptonews.

For seven weeks in a row, Bitcoin price has experienced several retracements, falling from its peak of $109,000 in January to a Mar. 11 low of around $77,000.

On Monday, economist Peter Schiff questioned the U.S. government's decision to hold Bitcoin (CRYPTO: BTC) as a reserve asset amid the apex cryptocurrency's ongoing slump. What Happened: Schiff took to X to point out that Bitcoin's market value has plunged 30% from its January record high, dropping below $77,000.

Mt. Gox pushed back its repayment deadline to October 2025 and still holds $2.8 billion worth of bitcoin, according to Arkham.

Bitcoin's latest drop “looks, smells and feels 100% just like 2017,” a crypto executive says, citing rising liquidity, policy shifts and economic turmoil.

Bitcoin has continued its downward trend despite briefly surging to $94,000 last week, a move that had initially fueled investor optimism. Since hitting that level, the cryptocurrency has steadily declined, now trading below $80,000 as of today.

Utah's State Senate has exited the Strategic Bitcoin Reserve (SBR) race after amending the proposed bill allowing the state treasury to invest in digital assets. The amended legislation is now headed to Utah Governor Spencer Cox's desk to be signed into law.

Bitcoin has officially dropped below $77,000 for the first time since November 10th, sinking to $76,822 before rebounding a bit to around $79,000 at press time. That's a 30% decline from its all-time high of $110,000, and the sell-off isn't just hitting crypto—stocks are also in freefall.

Bitcoin fell below $77,000 at one stage tonight, while the U.S. stock market experienced its worst day of the year.

With Hong Kong and Japan making moves, will South Korea seize its crypto moment?

Bitcoin (BTC) experienced a volatile trading day on March 10, 2025, hitting a low of $76,600 before recovering slightly.

Stocks and crypto fell ahead of inflation data and Fed signals despite Trump moving to ease crypto banking restrictions.

The transfer of Bitcoin by Mt. Gox could influence market volatility and investor sentiment amid ongoing price fluctuations and regulatory concerns.

XRP has dropped below $2, declining 17% over the past week. However, despite the bearish trend, on-chain data indicates a surge in network activity, raising questions about the underlying market sentiment.

Bitcoin (BTC) has dropped 11.3% over the past week, currently trading in the low $80,000 range at the time of writing. The recent decline has pushed the leading cryptocurrency below the 200-day moving average (MA), raising concerns about a potential deeper pullback.