According to Mihir (@RhythmicAnalyst), Bitcoin experienced a notable price drop today following former President Donald Trump's announcement of a potential 50% tariff on EU goods. This trade policy news triggered broad risk-off sentiment in global markets, impacting BTC as investors moved to reduce exposure to volatile assets (source: Mihir on Twitter, May 23, 2025). While some traders continue to question Bitcoin’s status as a reliable store of value amid macroeconomic shocks, institutional buyers like Michael Saylor remain active, providing ongoing support for BTC accumulation. The market reaction highlights Bitcoin’s sensitivity to geopolitical news and underlines the importance of monitoring global policy developments for crypto trading strategies.

According to Michael Saylor (@saylor) on Twitter, Bitcoin is described as 'Power', emphasizing its continued dominance and relevance in the cryptocurrency market as of April 26, 2025 (source: Michael Saylor, Twitter). This statement underscores Bitcoin's resilience and its leading role as a store of value and trading asset, which remains a key consideration for traders assessing long-term positioning and market momentum in 2025. Traders should monitor Bitcoin's price action, volatility, and on-chain data for strategic entries and exits, as its perceived strength may attract institutional and retail trading activity (source: Michael Saylor, Twitter).