Odaily Planet Daily News Bitcoin recently broke through the key psychological level of $90,000, but the rally proved to be short-lived, with analysts pointing to persistent macroeconomic uncertainty and a sharp drop in institutional investment in the cryptocurrency market. Ryan Lee, chief analyst at Bitget Research, said there were many factors that led to the Bitcoin plunge, including ETFs, as he explained: "The large outflow of funds from spot Bitcoin ETFs due to the withdrawal of institutional investors has exacerbated selling pressure, which may be a response to macroeconomic uncertainty and shifts in risk sentiment. The new tariffs announced by Trump have heightened investor concerns about inflation and economic stability, prompting investors to favor safer assets rather than risky investments such as Bitcoin." However, analysts remain optimistic about Bitcoin's price trend by the end of 2025, with price forecasts ranging from $160,000 to more than $180,000. (Cointelegraph)