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Market update: Price drop, fear of a U.S. recession grows, ETH -8%

The crypto market remains in freefall. In total, cryptocurrencies lose almost 3 percent of value.

By Mike Hesp
• 2 min read
The crypto market remains in free fall. Cryptocurrencies are losing nearly 3 percent in total. Ethereum is taking the hardest hit, falling as much as 8 percent on March 11, 2025. Bitcoin corrects by almost 3 percent, and many altcoins lose between 5 and 10 percent. The negative trend from the start of the week therefore continues unabated. According to many experts, the cause lies with Donald Trump and his aggressive economic policy, especially the tariffs. Fear of a recession in the U.S. is growing, and people are now speaking about it openly. Even the U.S. president does not rule out such a scenario. There were already concerns last year about a possible economic downturn. You can read more about that here: Recession in 2025 - what does that mean for crypto? In addition, the so-called Bitcoin reserve that Trump promised during his campaign turns out to be a major disappointment. In reality, he has simply placed government-seized cryptocurrencies into a reserve, with a promise not to sell them for now. There does not seem to be a concrete plan behind this measure. It is not only crypto that is being hit; the U.S. stock market is also suffering from the uncertain situation. Major tech companies like Meta and Amazon are losing between 3 and 5 percent. Tesla has even lost half of its market value in eight weeks. Last Monday, Wall Street recorded the biggest sell-off of the year. One notable theory comes from Bitcoin and crypto analyst Anthony Pompliano. He suspects Donald Trump is deliberately trying to crash the markets. His goal? To pressure Fed Chair Jerome Powell into cutting interest rates. Powell has already said that is not his plan. The Federal Reserve's next rate decision is scheduled for March 19, 2025. According to FedWatch, the chance of a rate cut on that date is only 4 percent.

The crypto market remains in freefall. In total, cryptocurrencies lose almost 3 percent of value. Ethereum in particular will be hit hard: on March 11, 2025, the coin will fall by as much as 8 percent. Bitcoin corrects by almost 3 percent, and many altcoins lose between 5 and 10 percent. This means that the negative trend from the beginning of the week continues unabated.

According to many experts, the cause lies with Donald Trump and his aggressive economic policies, especially trade tariffs. The fear of a recession in the US is growing, and this is now openly discussed. Even the American president does not rule out such a scenario. Already last year there were concerns about a possible economic downturn. You can read more about that here: Recession in 2025 – what does that mean for crypto?

In addition, the so-called Bitcoin reserve, which Trump promised during his election campaign, appears to be a major disappointment. In reality, he simply placed government-confiscated cryptocurrencies in a reserve, promising not to sell them for a while. However, there does not appear to be a concrete plan behind this measure.

Not only crypto is affected, the American stock market also suffers from the uncertain situation. Large tech companies such as Meta and Amazon lose between 3 and 5 percent. Tesla even saw half of its stock market value evaporate in eight weeks. Last Monday, Wall Street recorded the biggest price drop of the year.

A striking View post on Xcomes from Bitcoin and crypto analyst Anthony Pompliano. He suspects that Donald Trump deliberately wants to crash the markets. His goal? Pressuring Fed Chairman Jerome Powell to cut rates. However, Powell has already indicated that he does not intend to do so. The Federal Reserve's next interest rate decision is scheduled for March 19, 2025. According to FedWatch, the chance of an interest rate cut on that date is only 4 percent.

Disclaimer: This content is for informational purposes only and does not constitute financial, investment, legal, or tax advice. The information provided may be incomplete, inaccurate, or outdated and should not be relied upon as such. Nothing on this website should be considered a recommendation to buy, sell, or hold any cryptocurrency. Investing in crypto-assets involves risk of loss.