<ul><li>The crypto rally triggered by Trump’s crypto reserve proposal quickly reversed into substantial losses, with Bitcoin falling below US$83k and causing nearly US$1 billion in trader liquidations.</li><li>Analysts at Bitfinex note market conditions remain fragile, suggesting Bitcoin needs institutional investment for sustained bullish momentum while broader macroeconomic factors continue to influence its trajectory.</li><li>Trump’s impending tariff implementation against China, Mexico and Canada has heightened global economic tensions, with Canada already preparing retaliatory measures.</li><li>CryptoQuant analyst Axel Adler indicates Bitcoin requires a “substantial bullish impulse” above the US$90-91k threshold to restore short-term investor confidence and potentially return to all-time highs.</li></ul>

Crypto Rally Reverses with Double-Digit Losses Amid Market Crash

Discover more