The post Why Crypto is Crashing? Bitcoin News, Pi Network Price, Nvidia Stock Plunge appeared first on Coinpedia Fintech News March 10, 2025 08:51:06 UTC Crypto Liquidation Wave Wipes Out $620M as Bitcoin Dips Toward $80K The crypto market kicked off the week with a sharp downturn, wiping out $620.5 million in liquidations over the past 24 hours. Bitcoin dropped as low as $80,000 over the weekend, triggering widespread margin calls and forcing many leveraged traders out of positions. Long positions suffered the most, with Bitcoin alone losing nearly $240 million. Analysts warn that if Bitcoin fails to hold around $78,000, it could fall further to about $75,000, adding to the market’s volatility. Altcoins, including Ethereum, also saw significant declines amid rising risk-off sentiment. March 10, 2025 08:47:38 UTC Ethereum Price Crash Today Ethereum is under strong selling pressure, dropping below $2,000 earlier today and risking a fall to around $1,250 if support fails. Over the past week, ETH has lost more than 16%, pushing its year-to-date losses over 37%. ETF outflows and significant liquidations add to the bearish outlook. However, major whales are accumulating ETH, and 600,000 tokens were withdrawn from exchanges, suggesting long-term holding. Bulls must reclaim the $2,460 resistance to spark a recovery. March 10, 2025 08:44:41 UTC U.S Stock Market & Crypto Market Crash US stock market futures fell sharply at the open, with the Dow down over 300 points and the Nasdaq 100 down 1%. This steep decline in traditional markets has been mirrored in the crypto space, where falling prices signal a growing risk-off sentiment among investors. The downturn reflects heightened caution amid current uncertainties, as market participants brace for further volatility and closely watch economic and geopolitical developments. March 10, 2025 07:50:57 UTC Crypto Market Sell-off Today Another Sunday selloff in crypto saw Bitcoin drop to $80,000 at 7 pm ET, marking a 7% decline over 24 hours. Despite a brief bounce to $80,700, BTC is headed toward its 2025 low of about $78,000. Other major coins, including Ether, Solana, and XRP, fell similarly, while Cardano and Dogecoin dropped around 12%. On Fox News, President Trump warned his tariff and budget-cutting policies might cause disruptions. US stock index futures also declined by roughly 0.85% overall. March 10, 2025 07:50:57 UTC Pi Network Price Crash More Than 10% Pi Coin price fell to as low as $1.26 before rebounding to $1.41, representing a 12% daily drop and 16% weekly. This downturn reflects the broader crypto market correction, as Bitcoin briefly plunged to $80,000 and many altcoins are in the red. Additionally, Binance’s inaction on PI trading—despite an 86% community vote in favor of listing—may be dampening liquidity, while other exchanges like Bitget, OKX, and MEXC have already enabled trading.
