Bitcoin Price Crashes to $82,000 Today (March 10, 2025) – What’s Behind the Drop?

Jakarta, Pintu News – Bitcoin (BTC), the cryptocurrency with the largest market capitalization, has lost more than 4% of its value in the past day. Currently, the price of Bitcoin (BTC) stands at around $82,000, with on-chain indicators showing a less than encouraging outlook.

Despite this, Bitcoin whales continue to accumulate coins, with an accumulation of over 22,000 BTC in the last three days. This price drop comes after a bullish week, characterized by the signing of the executive order for the Bitcoin Strategic Reserve.

Bitcoin Price Drops 4.92% in 24 Hours

On March 10, 2025, Bitcoin (BTC) saw a sharp 4.92% correction in the past 24 hours, trading at $82,028 (1,347,914,444 IDR). During this period, BTC hit a low of 1,323,674,694 IDR before briefly reaching its daily high of 1,417,627,533 IDR.

According to CoinMarketCap, Bitcoin’s market capitalization has now dropped to $1.62 trillion, with trading volume in the last 24 hours rising 139% to $37.74 billion.

Read also: Ethereum Price Crashes 6% Today (10/3/25): What Happened?

Macroeconomic Factors as Triggers

According to Coingape, several macroeconomic factors have triggered the sell-off of Bitcoin (BTC) and other cryptocurrencies. The implementation of tariffs by the United States has been one of the main triggers.

Additionally, the non-farm payrolls (NFP) report released on Friday indicated that monetary tightening by the Federal Reserve is likely to occur, which negatively impacted the price of Bitcoin (BTC).

This policy has raised concerns among investors that full support for cryptocurrencies may still be a long way off. Despite significant steps such as the establishment of the Bitcoin Strategic Reserve, the lack of a “workable” policy may have dampened investor enthusiasm.

Impact on Altcoins and the Market as a Whole

Bitcoin’s (BTC) price drop has also impacted other cryptocurrencies. Ethereum (ETH), Ripple (XRP), and Binance Coin (BNB) lost 6%, 5%, and 4% respectively in the past day.

Read also: These 5 Solana Meme Coins Are Making Waves in March 2025!

This shows that the negative sentiment in the Bitcoin (BTC) market has a domino effect on other cryptocurrencies in the market. This uncertainty shows that the crypto market is still heavily influenced by global economic policies and investor sentiment.

Despite increasing adoption and integration, volatility remains a major challenge in the crypto ecosystem.

Overall, despite the significant decline, Bitcoin’s (BTC) long-term potential as an investment asset is still considered positive by many analysts. However, investors are advised to stay alert to market fluctuations and external factors that could affect the price.

With the current situation, it is important for investors to monitor market developments and adapt strategies accordingly.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Coingape. Why is the Bitcoin Price Falling Today. Accessed on March 10, 2025