Bitcoin’s price has experienced a notable decline, dropping to around $77,000, as global markets react to newly imposed tariffs by US President Donald Trump. This dip has also impacted the U.S. Treasury market, leading to an increase in 30-year yields and creating economic concerns. 4.98% The recent implementation of global tariffs under President Trump has injected uncertainty into financial markets, contributing to a spike in long-term treasury yields from 4.98%. This trend suggests growing inflation and debt worries, impacting investor confidence across various asset classes, including Bitcoin. 30-Year Treasury Yields Surge to 4.98% Some analysts believe this drop may have been triggered by forced liquidations from major financial players rather than a natural market movement, as indicated by Twitter posts. Jim Bianco of Bianco Research pointed out the resemblance between this recent move and similar bond market shifts in 1982. He believes sudden price movements are typically driven by large-scale liquidations rather than regular trading activities. Bitcoin’s Liquidity Crisis Looms Bitcoin is currently hovering near key technical levels, causing traders to brace for potential volatility. According to data from Coinglass, a significant wave of long liquidation risks could emerge if Bitcoin drops below $74,000, leading to further price declines. Conversely, if Bitcoin surpasses the $78,000 threshold, short sellers risk losing nearly $1 billion in liquidations, potentially triggering another major market shift. Long-Term Outlook: Potential Buying Opportunity? The recent market volatility has sparked discussions about a potential buying opportunity for long-term investors. Ryan Lee, Chief Analyst at Bitget Research, believes that if market conditions stabilize and pro-crypto policies emerge, Bitcoin could reach $95,000 to $100,000 by late 2025, potentially pushing the crypto market’s total value beyond $3 trillion. As of now, Bitcoin is trading around $77,670, reflecting a 2% decrease in the last 24 hours, with its market capitalization exceeding $1.54 trillion.