Jito USD Price & Performance (JTOUSD)

Bitcoin's value has dropped significantly, trading around $81,000, a steep decline from its January peak of $109,000. Analysts point to economic concerns, including inflation and new tariffs, as key factors behind the sell-off. Cryptocurrency-linked stocks, such as Coinbase and Robinhood, are also experiencing declines, reflecting broader market apprehension.12

The U.S. government's announcement of a strategic bitcoin reserve has not alleviated market concerns. Bitcoin fell 3% to $87,586, with analysts citing weak investor sentiment amid economic uncertainties. While the reserve uses confiscated bitcoins, the lack of immediate buy pressure has left investors skeptical about near-term market recovery.34

The European Union's retaliatory tariffs on U.S. goods have intensified fears of a trade war, adding to Bitcoin's struggles. Analysts warn that Bitcoin may drop below $75,000, especially as macroeconomic uncertainties deepen. This latest move follows U.S. tariff hikes, which have already unsettled global markets and cryptocurrencies.52