The crypto market is experiencing a notable pullback, with $BTC currently trading around $94,167 down approximately 1.4% today. This decline is attributed to escalating global trade tensions, significant outflows from Bitcoin ETFs, and increased regulatory scrutiny. Notably, the U.S. government's establishment of a Strategic Bitcoin Reserve has introduced mixed sentiments among investors.
Analysts suggest that while short-term volatility persists, institutional adoption and strategic reserves may bolster long-term confidence in digital assets.
