Global financial markets reacted negatively to President Donald Trump's latest economic decisions, causing stocks to fall in Asia and Treasury yields to hit two-month lows. Bitcoin also crashed below $90,000, plunging 5% and wiping out nearly 20% of gains made since Trump's re-election. This breakdown could lead to a further pullback, with analysts warning of a move toward the $70,000-$75,000 range if Bitcoin breaks below $90,000. The downturn comes after Trump's executive order on crypto regulation, which received a mixed reaction from the industry. Additionally, Trump's alignment with Russian President Vladimir Putin in international policy negotiations has raised concerns. Overall, the uncertainty and pressure in the financial markets have spilled over into Bitcoin and crypto markets.



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