# Ethereum's Trump Dump

*Author: Bankless*
*Published: Mar 10, 2025*
*Source: https://www.bankless.com/fr/read/eth-trump-dump*

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[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2025/03/Frame-50567--12--1--1-.png)](https://www.bankless.com/sponsor/uphold-1739023894?ref=read/the-state-of-celestia-2&email=true)

  
Ethereum's Trump Dump

  
  Published on Mar 10, 2025

[
  
  View in Browser

](https://bankless.com/read/briefs)
 

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[**Sponsor: Uphold**](https://www.bankless.com/sponsor/uphold-1739023894?ref=read/the-state-of-celestia-2&email=true)** **— Buy, swap & hold 300+ crypto. Capital at risk.

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.  .  .

 
  
    
      
      NEED TO KNOW
    
    
  
  
ETH's Trump Dump
  

  

 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2025/03/Group-14---2025-03-10T182424.372.png)](https://www.bankless.com/)- 😱 **ETH Falls Below $2K, BTC Under $80K Amid Recession Fears.** Crypto markets took another hit Monday [as markets sweated Trump's comments](https://www.bankless.com/read/eth-falls-below-2k-btc-under-80k-amid-recession-fears) on the recession.
- 🐦 **X Continues to Suffer Outages as Musk Claims 'Massive Cyberattack.'** As rolling outages hit the social network, crypto's yappers have been temporarily [without their primary home](https://www.bankless.com/read/x-continues-to-suffer-outages-as-musk-claims-massive-cyberattack).
- 🟨 **Investment Managers File for MOVE ETFs Ahead of Mainnet Launch. **As the blockchain only now moves into "mainnet beta," there are [already ETF applications in the works](https://www.bankless.com/read/investment-managers-file-for-move-etfs-ahead-of-mainnet-launch).
📸**Daily Market Snapshot: **Trump's tariff flip-flopping and recent comments about the economy entering a "period of transition," spooked Wall Street in a serious way, ushering in the worst day for markets since 2022. Crypto did not escape unscathed. ETH fell as low as $1,800 and BTC fell to nearly $77K as the market went risk-off across the board.

Prices as of 6pm ET
24hr
7d

 

       ![](https://banklesspublic.b-cdn.net/cmc.png)
    

  **Crypto**
   
          $2.58T
       

  
    
    ↘ 3.2%
    
  

   
    
    ↘ 18.0%
    
  

       ![](https://banklesspublic.b-cdn.net/btc.png)
    

  **BTC**
   
          $79,199
       

  
    
    ↘ 2.3%
    
  

   
    
    ↘ 8.2%
    
  

       ![](https://banklesspublic.b-cdn.net/eth.png)
    

  **ETH**
   
          $1,871
       

  
    
    ↘ 7.5%
    
  

   
    
    ↘ 13.0%  

 

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ANALYSIS

  
  

The State of Celestia

  
  
   
     
     Bankless Author: 
     
       [
       
Kazu Umemoto](https://www.bankless.com/author/kazu)
     
    
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2025/03/image---2025-03-10T183423.397.png)](https://www.bankless.com/read/the-state-of-celestia-2)In crypto, new chains are a dime a dozen and tend to follow familiar patterns. Thus, over the past several years we've seen a fair share of copycat chains with little to add to the conversation. **Celestia has been different.**

The chain has taken a unique approach, dialing in its functions as a data layer for rollups, allowing chains to post their data on the Celestia network, similar to how blobs are posted on Ethereum. While this model presents an exciting next step for blockchain technology, the real question is, how has Celestia been performing so far, and what are its plans to compete with other chains like Ethereum?

*Let’s examine some key metrics, the rollups currently building on Celestia, and what the team has planned for the future!* 👇

[Read on Bankless](https://www.bankless.com/read/the-state-of-celestia-2)
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