# ETH Falls Below $2K, BTC Under $80K Amid Recession Fears

*Author: Bankless*
*Published: Mar 10, 2025*
*Source: https://www.bankless.com/read/eth-falls-below-2k-btc-under-80k-amid-recession-fears*

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Bitcoin and Ethereum prices plummeted as financial markets reacted to President Trump's recession comments and inflation concerns.

## **What’s the Scoop?**
- **Market Response**: Bitcoin price dropped below $80,000, rebounding slightly but remaining down almost 5% on the day while ETH briefly dipped below $2,000.
- **Recession Fears**: President Trump hinted at potential recession during a weekend interview, causing market instability.
- **Wider Market Impact**: Major coins like Cardano, Solana, and Dogecoin saw sharper losses, with ADA down 10% and SOL down 9%.
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