This Week in Bitcoin: Trump's Tariffs and BTC Reserve Shocks Markets

Bitcoin experienced extreme volatility this week, swinging between $94,770 and $82,681, as Trump's trade tariffs and BTC reserve plans unsettled investors. Meanwhile, Bitcoin exchange-traded funds faced losses of $740 million, marking another week of outflows. Trump's executive orders for the BTC reserve confirmed that alternative currencies will be stored separately, while treasury and trade officials will develop strategies for further accumulation of BTC. In Texas, a state-managed BTC reserve bill advanced in the Senate, bringing the state closer to holding digital assets.