Bitcoin fell below $92,500 as fears of a trade war between the U.S. and EU intensified. The drop, attributed to geopolitical tensions and stalled U.S. crypto legislation, led to over $750 million in liquidations in just hours. Analysts noted a persistent weakness in the crypto market compared to other assets.

The article discusses the expected surge in crypto exchange-traded funds (ETFs) as regulatory changes streamline approval processes. While bitcoin and ether continue to dominate, a growing number of altcoin ETFs are emerging, although their long-term demand remains uncertain. The potential for over 100 new crypto ETFs in the U.S. highlights the evolving market landscape.