Crypto Market Today (March 11): Bitcoin (BTC) worth swooped to a multi-month low once more, shedding $80K as of early Asian hours on Tuesday. Ethereum (ETH), Solana (SOL), and XRP costs additionally misplaced 5%-10% intraday. Traders and traders proceed to indicate an excessive worry sentiment, as indicated by the ‘CMC Crypto Fear and Greed Index’ at 15. This waning motion comes as recession fears rise amid macro warmth post-Trump’s tariff saga and rising commerce conflict tensions.
Crypto Market Today: BTC, ETH, XRP, SOL Lose Alarming Values
The world crypto market misplaced extreme worth, as indicated by an almost 4% drop available in the market cap, shrinking to $2.58 trillion. Besides, Coinglass data underscored huge liquidations over the previous day, price over $900 million. These bearish stats come amid macro warmth inflicting commerce conflict tensions, additional accompanied by rising U.S. recession fears. As a outcome, main cryptos erased alarming values right now, sparking market considerations globally.
BTC Price Loses $80K
As of press time, BTC price witnessed a 3% decline and exchanged arms at $79,617. The flagship coin hit an intraday backside and peak of $76,624.25 and $83,955.93, respectively. Bitcoin slumps alongside $314.95 million in liquidations recorded over the previous day, per Coinglass information. However, the coin’s market dominance was up by 0.52% to 61.04%, indicating altcoins took extra warmth.
ETH Price Crashes 10%
ETH worth misplaced an alarming 10% up to now 24 hours and closed in at $1,846. The coin bottomed and peaked at $1,760.94 and $2,150.71 intraday. Ethereum waned alongside $246.20 million in liquidations up to now 24 hours. Also, the coin’s market dominance was at 9.1% on Tuesday.
XRP Price Plunges 6%
XRP worth erased practically 6% worth up to now 24 hours and exchanged arms at $2.05. Ripple’s coin bottomed and peaked at $1.916 and $2.251 up to now 24 hours. XRP wanes in sync with $36.88 million in liquidations recorded over the previous day, per Coinglass information.
SOL worth Slips 6%
Simultaneously, SOL worth plummeted 6% up to now 24 hours and closed in at $120. The coin hit a 24-hour high and low of $113.19 and $131.24, respectively. Solana declines alongside $47.93 million in liquidations over the previous day.
Meme Crypto Market Today
Also, Dogecoin (DOGE) worth cracked 10% and reached $0.1567 right now. Even Shiba Inu (SHIB) worth misplaced practically 5% and traded at $0.00001161.
PEPE & TRUMP costs misplaced 4-7% intraday, mirroring the broader market development at $0.000005788 and $10.34, respectively.
Top Gainers In Crypto Market Today
However, some tokens defied the broader market volatility right now and hovered into the inexperienced zone.
Movement (MOVE)
Price: $0.4897
24-Hour Gains: +8%
MANTRA (OM)
Price: $6.37
24-Hour Gains: +5%
Mantle (MNT)
Price: $0.6797
24-Hour Gains: +2%
Top Losers In Crypto Market Today
Artificial Superintelligence Alliance (FET)
Price: $0.4491
24-Hour Loss: -17%
LidoDAO (LDO)
Price: $0.8621
24-Hour Loss: -16%
Uniswap (UNI)
Price: $5.75
24-Hour Gains: -14%
Overall, the broader market continues reflecting volatility as merchants and traders panic amid fears of macro developments and U.S. recession. Despite pro-crypto developments throughout the broader market, costs are but to see a bullish trajectory.
Notably, after the creation of a BTC reserve and crypto stockpile, Donald Trump recently signed an government order to reverse crypto banking restrictions. Nevertheless, merchants and traders are left scratching their heads as costs conversely droop.
Coingape Staff
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