Bleeding due to extensive sales in technical shares in the Crypto market is affected by the potential business wars and concerns about the potential economic recession in the US.
On Monday, bitcoin (BTC) The price fell by 4% to $ 80,000, while the price of Ethereum (Eth) fell from 6% to $ 1,756, not a level since October 2023, although both assets have recovered some of these damage. At the press time, the BTC is back to $ 81,600, while Eth climbed by $ 1920, although both are below 1% and 8% respectively.
The decline in Crypto prices was launched by a comprehensive sale of technology shares in the US. The NASDAQ 100 index, which is heavy towards technology companies, was the worst day since October 2022, which fell to 3.8%. Economic experts Increasing His predictions of a potential economic recession in American Donald Trump warned of potential “disturbances” from the trade wars with Canada, Mexico and China.
“Now when the industry has its strategic bitcoin reserve executive order, Crypto is a less positive forward catalyst for price, and we have left on the mercy of macro risk appetizes,”
Tab The global co-head markets Joshua Lim said.
The shock of crypto is also clear from the slow pace of stabcoin inflow as a result of the stock market crash. According to the chart Matrixport shared on X Today, StableCoin flow has declined by more than 50%, with a decline in bitcoin price. In December 2024, Stabelcoin mint reached $ 1.8 billion. By March 2025, it ups and downs between $ 0.4–0.8 billion, drop by more than 50% from the summit.
StableCoins are often used for market entry/exit and provide stability, so the decline in their mining directly affects liquidity. This suggests low demand for crypto, further pushing the market into consolidation. Matrixport analysts said slowly for two main factors Stabelcoin mining. Either StableCoin has accumulated adequate in the issuing reserves. Or, there is not enough demand from the market. Despite the reason, the Crypto market requires an important injection of new capital to increase prices.
