The bitcoin to VIX ratio has reached a long-term trendline, which historically indicates a potential bottom for bitcoin prices amidst current market volatility. With the S&P Volatility Index at its highest since last August, this trendline suggests that bitcoin could be poised for a long-term bullish reversal, following patterns observed during previous market downturns.

JPMorgan analysts assert that Bitcoin's current price is undervalued compared to gold, projecting a potential rise to $126,000 by year-end. They attribute this optimism to declining volatility and increased corporate treasury purchases, which are stabilizing Bitcoin's market dynamics.

Financial markets are experiencing significant fear as President Trump's tariff announcements have led to steep declines in both equities and cryptocurrencies, with Bitcoin dropping over 8%. Major global stock indices, including those in Hong Kong and Europe, have also faced substantial losses, while U.S. bonds are gaining traction as a refuge for investors amid the turmoil. Upcoming events in the crypto space include several network upgrades and regulatory discussions that could impact the market further.

Bitcoin's volatility has reached a 20-month low, alongside a significant drop in monthly transactions, marking the lowest activity since October 2023. Despite this decline, U.S. spot Bitcoin ETFs have seen record cumulative inflows, approaching $50 billion, indicating strong institutional demand for BTC.

Bullish crypto bets suffered over $500 million in losses as Bitcoin's price fell to around $108,600 following U.S. President Trump's tariff threats on European imports and Apple products. The market's volatility led to significant liquidations across various cryptocurrencies, with Bitcoin futures alone accounting for roughly $181 million in losses. Traders are now cautious as renewed trade war fears cast uncertainty over the market's direction.

Morningstar DBRS has raised concerns about the credit risks associated with corporate treasuries adopting Bitcoin, citing factors such as regulatory uncertainty, volatility, and liquidity challenges. The report highlights that a significant portion of corporate Bitcoin holdings is concentrated among a few companies, with Strategy controlling a majority of public company reserves. As more firms explore crypto treasury strategies, these vulnerabilities could impact corporate credit assessments.

Increased volatility in Bitcoin and Ethereum followed the escalation of the Israel-Iran conflict, leading to a dip below $99,000 for Bitcoin. Despite bearish short-term sentiment, analysts suggest long-term catalysts and growing adoption may support a recovery, with significant market events on the horizon.

Bitcoin reached $111,400, approaching its record high of $112,000 amid a broader crypto rally, with Ethereum also seeing a notable 6% increase. Analysts suggest that declining volatility and a quiet market setup could indicate a bullish trend ahead for Bitcoin and Ethereum. Liquidations of leveraged short positions also contributed to the price movements in the crypto market.