One thing I don't get and I would love an explanation to, is why BTC dropped like a rock with the news of more trade turmoil? If BTC is supposed to be 'digital gold' surely it should have risen?
I think something more nefarious is going on.
Imagine this - you want to bribe someone with an extreme amount of money. So you accumulate a fairly large sum of BTC. On an agreed point in time, you sell your coins allowing the person you wish to bribe take a short position shortly before the sale time. Bonus points for timing the execution to Yet-Another-Trump-Tariff-Announcement. Its a win-win: 1) Although you have bribed someone, you didn't lose any, or much, money out of the deal. The market paid. And 2) everyone is pointing at Trump Family & Friends as the evil beneficiaries , whereas you just had a close PA/admin in the loop.