$BTC Bitcoin's current price is $94,659.66, with a market cap of $1.88 trillion. Here are some key updates:

Recent Price Movement

- Bitcoin's price has seen a notable drop, with a 0.65% decrease in the last 24 hours, trading between $93,444 and $95,461.

- Some reports indicate a larger drop, with Bitcoin falling to $81,500 due to US stock futures sell-off ahead of Trump's 'Liberation Day' tariffs.¹ ²

Market Trends

- *Bitcoin Futures*: Trading volumes have seen a notable rise, while open interest underwent a double-digit drop, sparking questions about bulls' positions.

- *Investor Sentiment*: Leverage long Bitcoin positions at Bitfinex hit a 6-month high, but data shows bullish sentiment is mostly shared among risk-loving traders.

Regulatory Developments

- *US Strategic Bitcoin Reserve*: President Trump's plan for a strategic Bitcoin reserve has been met with mixed reactions, with some analysts believing it may not meet expectations.

- *Abu Dhabi Dirham Stablecoin*: Abu Dhabi's institutional giants are teaming up for a dirham stablecoin, pending regulatory approval.³ ⁴

Other News

- *Bitcoin Adoption*: BlackRock CEO suggests Bitcoin may challenge the US Dollar's dominance.

- *Arkansas Rejects Bitcoin Mining Crackdown*: The state legislature has rejected a proposed bill to prohibit cryptocurrency mining near military installations.⁵ ⁶