The cryptocurrency market experienced significant fluctuations today, with major assets like Bitcoin (BTC) and Ethereum (ETH) witnessing a sharp decline.
Market Overview:
Bitcoin (BTC): Currently trading at $81,607, reflecting a 10.56% decrease in the last 24 hours.
Ethereum (ETH): Dropped to $2,038.34, marking an 11.82% decline from the previous day.
Reasons Behind the Market Downturn:
The market decline is largely attributed to recent economic concerns and regulatory developments in the U.S., including proposed tariffs and financial policies that have created uncertainty among investors.
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.
Crypto Market Monitoring – March 4, 2025
The cryptocurrency market experienced significant fluctuations today, with major assets like Bitcoin (BTC) and Ethereum (ETH) witnessing a sharp decline.
Market Overview:
Bitcoin (BTC): Currently trading at $81,607, reflecting a 10.56% decrease in the last 24 hours.
Ethereum (ETH): Dropped to $2,038.34, marking an 11.82% decline from the previous day.
Reasons Behind the Market Downturn:
The market decline is largely attributed to recent economic concerns and regulatory developments in the U.S., including proposed tariffs and financial policies that have created uncertainty among investors.