[Daily News Brief] Bitcoin plummets 25%: Intensifying venture capital withdrawal amid Trump tariff threat

Bitcoin has experienced a sharp decline in recent cryptocurrency markets, down 25% from its all-time high six weeks ago. This decline was accompanied by significant selling behavior, highlighting the uneasy trend of digital assets in a wider VC ebb. The root cause of the pressure lies in the announcement of US President Donald Trump on 25% tariffs on Canadian and Mexican goods and a new tax on Chinese imports, which has triggered turmoil in the global market. Bitcoin’s price fell 7.2% last Friday to $78,226, putting it facing its worst weekly performance since last August. Zaheer Ebtikar, co-founder of crypto fund Split Capital, noted that “some large investors said at the end of the day, ‘I just want to give up.’” This sentiment reflects investors’ hesitation about holding assets in a situation of unstable markets. Bitcoin’s price fell below the 200-day moving average for the first time, a key technical indicator usually heralds a long-term downtrend. As Trump's tariff threat triggered risk aversion, all kinds of assets around the world have fallen, and Bitcoin has become a hard-hit area for investors' concerns. February was a challenging month for Bitcoin, with losses of more than 20%. If the decline continues, it will be the largest monthly decline since June 2022. Changes in market sentiment towards Bitcoin also indicate a significant shift in investors' attitudes towards this asset that was once considered a hot deal, especially in the context of the early Trump administration being believed to support digital currencies. In sharp contrast to Bitcoin’s struggle, the just-launched BDTCOIN has shown strong resilience in this turbulent environment. Despite the overall market decline, BDTCOIN's price has risen five times since its listing on LBank, attracting the attention of investors seeking stability. renowned crypto analyst Anya Sharma praised BDTCOIN's performance, believing its success is attributed to its gold-based support and quantum resistance technology. “In a red ocean, BDTCOIN is really extraordinary,” she said. BDTCOIN aims to redefine financial inclusion and simplify cross-border transactions, positioning itself as more than another speculative asset. Its unique value proposition lies in its practicality-oriented approach, aiming to provide safe, low-cost financial services to unbanked people around the world. BDTCOIN's mission is consistent with the needs of emerging markets, where traditional banking systems fail to meet the needs of the people. As the cryptocurrency field continues to evolve, the differences between veteran players such as Bitcoin and innovative rookies such as BDTCOIN highlight the dynamic characteristics of this industry. Despite Bitcoin’s plagued by macroeconomic pressures and changes in market sentiment, the rapid rise of BDTCOIN shows that opportunities for growth and innovation still exist even in difficult circumstances. Looking to the future, crypto