Bitcoin is currently facing a downward trend, with a 4% decrease in the last 24 hours and a total loss of over 15% in the past month. This is the most significant turbulence since December, when Bitcoin's price surged due to speculation about Trump's support for cryptocurrencies. Trump recently signed an executive order establishing the Strategic Crypto Reserve, which holds around 200,000 BTC worth $17 billion, but investors seemed disappointed as the reserve will be funded by seized assets rather than direct government purchases. The decline in Bitcoin's price coincided with a broader market sell-off triggered by new tariffs announced by the Trump administration. The overall cryptocurrency market also experienced significant liquidations, with $423 million liquidated, particularly in Bitcoin, Ethereum, XRP, Solana, and Dogecoin. This news suggests increased institutional recognition for Bitcoin but indicates a bearish market reaction.



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