On March 10, 2025, both the crypto markets and US stock exchanges experienced significant declines. US stocks lost over $1.75 trillion due to political uncertainty, investor outflows, and external shocks. The crypto market also suffered losses, with Bitcoin dropping to $77,393 and the overall cryptocurrency market capitalization falling to $2.57 trillion. Several factors contributed to this collapse, including Donald Trump's return to the White House, the imposition of new tariffs, and the absence of immediate Bitcoin purchases by the government. Investment funds in cryptocurrencies also saw significant capital outflows. Additionally, a hacker attack on the exchange Bybit for $1.46 billion and uncertainty about Trump's economic policies and the risk of recession amplified the volatility. The collapse highlights the interconnectedness between politics, regulation, and financial markets.



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