One of the major reason for this is Trump's tariff's. Understanding the effects of tariff on investment sentiment is simple. Tariff increase the price of goods, creating global tension and disrupting supply chains. Put together, all this jack up market volatility which is what we are seeing now.
In the case of foreign trade, Trump's tariff policy has not been acceptable to the people. Due to which various criticism and anxieties have been seen worldwide. Which has started to affect the common people. In the meantime, this issue has been highlighted as one of the reasons for the temporary decline of the Bitcoin market. However, I do not think that the Bitcoin market has fallen only because of this policy.
We have to remember that the Bitcoin market is unstable, a bullish movement can fall, a bearish movement can return any time. Market correction can be another cause of fall. So if we think that Bitcoin's fall is due to only one thing, it will be wrong. But it must be admitted that it has an effect. For the first time in the past few days, when the Bitcoin price was rapidly moving from 80k to 94k, Trump's Bitcoin reserve policy was later pulled back. United States will only accept confiscated assets as Bitcoin reserves. They will not buy for the reserve. This decision also caused the market to fall again.