At the end of March 2025, the global financial markets experienced a severe turmoil. The US stock market encountered a "Black Friday" on March 28, with the S&P 500 index falling by 1.97%, the Nasdaq index experiencing a big dump of 2.7%, and the Dow Jones Industrial Average dropping by 715 points, a decrease of 1.69%. This downward trend quickly spread to the crypto assets market, with Bitcoin (BTC) dropping from $84,000 on the afternoon of March 29 to $81,565 in the morning of March 31, Ether (ETH) falling to a recent low of $1,767, and Solana (SOL) hitting a low of $122.68 at 6 PM on March 30.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
At the end of March 2025, the global financial markets experienced a severe turmoil. The US stock market encountered a "Black Friday" on March 28, with the S&P 500 index falling by 1.97%, the Nasdaq index experiencing a big dump of 2.7%, and the Dow Jones Industrial Average dropping by 715 points, a decrease of 1.69%. This downward trend quickly spread to the crypto assets market, with Bitcoin (BTC) dropping from $84,000 on the afternoon of March 29 to $81,565 in the morning of March 31, Ether (ETH) falling to a recent low of $1,767, and Solana (SOL) hitting a low of $122.68 at 6 PM on March 30.