As of March 28, 2025, the cryptocurrency market is experiencing notable fluctuations influenced by regulatory developments and corporate strategies. Bitcoin has seen a decline of 2.5% over the past 24 hours, trading at $85,291, marking a nearly 9% drop from its January highs above $100,000. This downturn is partly attributed to President Donald Trump's recent announcement of worse-than-expected car tariffs, which have negatively impacted market sentiment. In regulatory news, Paul Atkins, President Trump's nominee for SEC Chair, has expressed a pro-crypto stance, declaring digital assets a top priority and advocating for a rational regulatory foundation. Additionally, the New York Attorney General has reached a $200 million settlement with Galaxy Digital concerning the collapse of the cryptocurrency LUNA and the stablecoin TerraUSD during the 2022 crypto crisis. On the corporate front, GameStop's announcement to raise $1.3 billion for Bitcoin purchases has led to a significant 22% drop in its shares, reflecting investor skepticism about the company's strategic pivot towards cryptocurrency investments.