Crypto Market Today (Mar 11): BTC Loses $80K, ETH Falls 9%, But MOVE Jumps 8%

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. Traders and investors continue to show an extreme fear sentiment, as indicated by the ‘CMC Crypto Fear and Greed Index’ at 15. This waning action comes as recession fears rise amid macro heat post-Trump’s tariff saga and rising trade war tensions.

Crypto Market Today: BTC, ETH, XRP, SOL Lose Alarming Values

The global crypto market lost severe value, as indicated by a nearly 4% drop in the market cap, shrinking to $2.58 trillion. Besides, Coinglass data underscored massive liquidations over the past day, worth over $900 million.

These bearish stats come amid macro heat causing trade war tensions, further accompanied by rising U.S. recession fears. Notably, the chances of a US recession rose to 40% in March, as per an X post by ‘The Spectator Index.’ This feat has added to the heat on risk assets as investors reflect a cautious approach. As a result, leading cryptos erased alarming values today, sparking market concerns globally.

BTC Price Loses $80K

As of press time, BTC price witnessed a 3% decline and exchanged hands at $79,617. The flagship coin hit an intraday bottom and peak of $76,624.25 and $83,955.93, respectively. Bitcoin slumps alongside $314.95 million in liquidations recorded over the past day, per Coinglass data. However, the coin’s market dominance was up by 0.52% to 61.04%, indicating altcoins took more heat.

ETH Price Crashes 10%

ETH price lost an alarming 10% in the past 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 in the past 24 hours. Also, the coin’s market dominance was at 9.1% on Tuesday.

XRP Price Plunges 6%

XRP price erased nearly 6% value in the past 24 hours and exchanged hands at $2.05. Ripple’s coin bottomed and peaked at $1.916 and $2.251 in the past 24 hours. XRP wanes in sync with $36.88 million in liquidations recorded over the past day, per Coinglass data.

SOL price Slips 6%

Simultaneously, SOL price plummeted 6% in the past 24 hours and closed in at $120. The coin hit a 24-hour low and high of $113.19 and $131.24, respectively. Solana declines alongside $47.93 million in liquidations over the past day.

Meme Crypto Market Today

Also, Dogecoin (DOGE) price cracked 10% and reached $0.1567 today. Even Shiba Inu (SHIB) price lost nearly 5% and traded at $0.00001161.

PEPE & TRUMP prices lost 4-7% intraday, mirroring the broader market trend at $0.000005788 and $10.34, respectively.

Top Gainers In Crypto Market Today

However, some tokens defied the broader market volatility today and hovered into the green 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 traders and investors panic amid fears of macro developments and U.S. recession. Despite pro-crypto advancements across the broader market, prices are yet to see a bullish trajectory.

Notably, after the creation of a BTC reserve and crypto stockpile, Donald Trump recently signed an executive order to reverse crypto banking restrictions. Nevertheless, traders and investors are left scratching their heads as prices conversely slump.