The Crypto market has just undergone a heavy correction, losing $ 440 million in capitalization. Several bad decisions recently made by US President Donald Trump have made investors react negatively. Between geopolitical tensions and economic uncertainty, the Crypto market crosses a large phase of turbulence.

Does Trump sink the crypto market? Millions of dollars already lost
The Crypto market is currently experiencing a significant drop of more than $ 400 million in market capitalization. This Monday, March 10, 2025, total capitalization amounts to $ 2,660 billion, after dropping a peak of $ 3,110 billion the day before. Several factors have fueled this downward trend. First, the exchange stretched between Donald Trump and the Ukrainian president Volodymyr Zelensky in the oval office sowed uncertainties.
Then, the threat of new customs tariffs imposed by the United States in Canada, China, Mexico and recently against Russia added oil to fire. And finally, Donald Trump's announcement of the creation of a Bitcoins Strategic Reserve in the United States. The management of this Crypto reserve, far from reassuring investors, helped accentuate market correction, resulting in a fall at $ 2,610 billion on Sunday evening.
A wave of liquidations and upcoming uncertainties
According to recent Crypto data, this drop in the market caused a massive liquidation of $ 3.64 billion in open positions, and the disaster may well continue. Indeed, the Bitcoin is currently at 82,130 dollarsa critical level that could trigger a liquidation cascade of more than $ 1.13 billion in the long position. This would worsen the selling pressure and accentuate the current correction of the crypto market, but until when?
During an intervention on Fox News, Donald Trump acknowledged that his policies could cause short-term economic pain, but he insisted that these measures were aimed at building a solid future for the United States. It remains to be seen whether the Crypto market will manage to reverse this downward trend or if it is a prolonged correction.
Maximize your Cointribne experience with our 'Read to Earn' program! For each article you read, earn points and access exclusive rewards. Sign up now and start accumulating advantages.
