Crypto Market Turmoil: Liquidations and Reserve Debates Rock Major Coins
10.03.2025 17:40
The crypto market was rocked by over $334M in liquidations as major coins like Bitcoin (BTC) and Ethereum (ETH) tumbled amidst fresh economic policies and tariff announcements. Trump's Executive Order to create a Strategic Bitcoin Reserve added fuel to the fire, with plans potentially including altcoins such as Cardano (ADA), XRP, and Solana (SOL), although industry leaders like Coinbase CEO Brian Armstrong and Raoul Pal have voiced strong reservations. This has spurred widespread sell-offs not only in BTC and ETH but also in altcoins including Dogecoin (DOGE), Litecoin (LTC), and Sui (SUI). The immediate impact is a steep decline due to high uncertainty and massive liquidations, while longer-term recovery will depend on regulatory clarifications and whether the reserve plan truly bolsters Bitcoin or dilutes focus with lower-liquidity assets.
In the short term, BTC may face further declines as massive liquidations and uncertainty over the Strategic Bitcoin Reserve weigh on sentiment. However, its established role as digital gold and support from institutional figures could stabilize and eventually drive demand over the longer term once regulatory and funding clarities are provided.
ETH is likely to experience short-term downside pressure along with the broader market amid significant liquidations. Despite this, its widespread adoption and continuous network improvements could enable recovery over the medium to long term, provided the overall market sentiment stabilizes.
XRP may see increased volatility as immediate market pressures take hold. While potential inclusion in the Strategic Reserve could lend long-term credibility, current liquidation pressures and market skepticism are likely to push prices down in the short term.
ADA faces near-term challenges due to the overall market sell-off and strong industry opposition to its inclusion in the Strategic Reserve. However, its advanced blockchain technology and potential for broader adoption could support recovery in the mid to long term if policy uncertainties are resolved.
SOL is expected to exhibit significant short-term volatility amid widespread sell-offs and heightened uncertainty from conflicting regulatory signals. While potential inclusion in strategic discussions might offer long-term upside, near-term price dynamics will likely remain under pressure.
DOGE is likely to suffer immediate pressure from market turbulence and significant sell-offs. Its high volatility and limited institutional support may prolong near-term downturns, although its strong community backing could serve as a minor long-term stabilizer if overall market conditions improve.
LTC is expected to follow the broader market trend with short-term pressure driven by widespread liquidations and negative sentiment. Its long-term prospects will rely on renewed investor interest and adoption as the market eventually stabilizes.
SUI, as a newer altcoin, is likely to experience heightened short-term volatility amid the broader market downturn. Its long-term recovery will depend on increased user adoption and technological advancements, but its current speculative nature exposes it to significant risks.
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