Bitcoin’s price dropped below $103,000 on May 9th, 2025, as market volatility surged in response to US leadership announcements. Institutional investor interest has cooled, fueling heightened speculation in derivatives markets and potentially impacting broader cryptocurrency trends. Driven by institutional investors and options traders, Bitcoin’s price hovered around the $103,000 mark. Notably, recent ETF inflows have slowed down significantly, coinciding with a surge in options open interest on platforms like Deribit. This signals increased market volatility. US policies under President Trump have introduced a baseline 10% tariff which has impacted broader risk market dynamics. Binance, a prominent cryptocurrency exchange, continues to collect real-time market data during this period of heightened volatility. History shows that Bitcoin rallies often stall at psychological price points, prompting traders to move towards alternative cryptocurrencies such as Ethereum, Solana, and Dogecoin. Analysts predict continued capital flows towards altcoins while Bitcoin’s momentum stalls. This focus on ETF and options markets underscores ongoing speculative interest and may signify broader implications for cryptocurrency volatility.