$BTC Bitcoin's value has taken a hit, with corporate treasuries collectively shedding over $4 billion in value due to US President Donald Trump's tariffs and a global market sell-off. This downturn has sparked concerns about Bitcoin's increasing popularity as a corporate treasury asset, given its high volatility and uncertain regulatory landscape ¹.

*Key Stats:*

- *Current Price*: $79,401.92

- *Market Cap*: $1.65 trillion

- *Recent Change*: 0.12% increase

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*Expert Insights:*

- Some analysts, like Michael van de Poppe, predict Bitcoin could drop to $70,000 before bouncing back.

- Others, like Arthur Hayes, believe Trump's tariffs could actually boost Bitcoin's price due to the "weakening" of the US Dollar Index.

- Fidelity Digital Assets suggests Bitcoin can be a valuable hedge against growing fiscal deficits, currency debasement, and geopolitical risks ¹ ³.

*Market Trends:*

- The Bitwise Bitcoin Standard Corporations ETF (OWNB) has lost over 13% since Trump's tariff announcement.

- Strategy, a Bitcoin hedge fund, has also seen a 13% decline.

- GameStop's plans to stockpile Bitcoin have raised questions among investors about the videogame retailer's business model ³.

Keep an eye on these developments to see how Bitcoin's role in corporate treasuries evolves.