Market Volatility

Cryptocurrency markets experienced sharp declines as fears of a U.S. government shutdown combined with major economic uncertainties triggered over $1.65 billion in liquidations. Despite Bitcoin, Ethereum, and Dogecoin prices falling, long-term outlooks remain optimistic.

Bitcoin and Ether have dropped significantly this week due to investor caution ahead of Nvidia's earnings and major liquidations, with Bitcoin falling below $60,000 and Ether down over 3%. Despite these declines, both cryptocurrencies still show year-to-date gains.

Bitcoin rebounded strongly to surpass $82,000 after a dip to $74,000, following President Trump's announcement of a 90-day tariff pause. The crypto market and traditional stocks alike saw significant gains, although analysts warn of continued volatility.

In March 2025, Bitcoin's price fell by 10% to $83,700, prompted by President Trump's announcement of a U.S. Crypto Strategic Reserve. This initiative aims to strengthen the nation's digital economy but has stirred market volatility and regulatory concerns.