The price of bitcoin has plummeted to a low of $79,170 per unit on March 10, 2025, reflecting the concerns about a potential economic recession in the United States. Bitcoin has experienced a 5.2% decline against the US dollar, following a 15% drop over the past week. Other cryptocurrencies, such as solana (SOL) and dogecoin (DOGE), have also experienced declines. Liquidations across the crypto market have amounted to approximately $692.05 million, with traders worried that bitcoin may fall below its previous low of $78,1897 in the near future.
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