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5 Must Reads in the Evening | Ethereum Standing at the Crossroads

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Reprinted from jinse

03/11/2025·2M

1. What factors have caused BTC to fall below the $80,000 mark?

The crypto market has continued this recession since Trump signed an executive order for crypto reserves on March 7, causing BTC to fall below the $90,000 mark. This morning, BTC fell below the $80,000 mark. As of press time, BTC was at $79,110.37, down 3.9% intraday. Click to read

2. Where will the cryptocurrency market "collectively crash" in the US

stock market?

On March 10, 2025, the global financial market suffered severe shocks. The US stock market has caused a panic selling due to Trump's tariff policy, and its market value has evaporated by $4 trillion, and the recession has been shrouded in the clouds. At the same time, the cryptocurrency market was not spared, and mainstream currencies such as Bitcoin and Ethereum plummeted across the board. Click to read

3.Bitwise: BTC falls below $80,000, but investors should pay attention to

one of the most important issues

Despite the historical significance of the statement, Bitcoin has fallen sharply in recent days. At the time of writing this memorandum, Bitcoin had fallen 13% from its high above $92,000 on Thursday to below $80,000, the lowest since November 2024. The move is of many reasons, including a growing economic concerns and a general pullback in stock markets that are not related to reserve announcements. But don't get me wrong: part of the reason for the callback is the announcement itself. As this article in Barron's magazine explains, cryptocurrency investors are upset because the government has no plans to buy more bitcoins right away. Instead, it says the reserves will be capitalized by confiscated assets already owned by the federal government. Market disappointment is ridiculous for many reasons. Click to read

4. Perspective of the reconstruction of global financial order from the US

Crypto Reserve Act

On March 7, 2025, the Trump administration completed a historic institutional breakthrough with the Bitcoin Strategic Reserves Act. By including the 200,000 BTC (6% of the circulation) judicially confiscated into the national reserves of permanent bans, the United States has achieved supply-side reforms to the Bitcoin market for the first time. This "zero-cost increase" mechanism cleverly avoids fiscal disputes. Its deep value lies in: through institutional rights confirmation, Bitcoin will be included in the national financial infrastructure, laying the foundation for the monetary sovereignty game in the digital age. Click to read

5. Ethereum standing at the intersection

Since this cycle, the community has been discussing the poor performance of ETH prices. Overall, ETH price is not only a reflection of market sentiment, but also a key factor in whether Ethereum can unify its community vision, balance decentralization and performance, and consolidate its leading position as a smart contract platform. Inspired by the above article, this article will discuss some of the problems that the author believes have arisen in Ethereum. Click to read

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