Crypto market pressure mounts 🌡️

Bitcoin and Ethereum prices slid alongside equities, while AI and meme coins are experiencing headwinds.

Author

Stephen Graves
March 11, 2025

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📝 What you need to know

Rising trade tensions and concerns over inflation are fueling risk-off sentiment, continuing to pile pressure on Bitcoin and Ethereum prices as equities slid Monday.

Investors are zeroing in on Wednesday’s Consumer Price Index (CPI) report, expected to show a 0.3% rise in February prices, cooling from January’s 0.5% gain.

The crypto market downturn has been particularly brutal on the sector’s previous darlings, AI projects and meme coins, with U.S. President Donald Trump’s own meme coin plunging 85% from its peak. AI agent project Virtuals Protocol, meanwhile, has seen its revenues crash, with analysts citing, “unproven utility [and] oversupply of tokens” as damping down interest in the wider AI agents sector.

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