Bitcoin's price hit a local low just above $91,000, indicating its growing sensitivity to macroeconomic events. This drop came two days after President Trump imposed import tariffs on goods from China, Canada, and Mexico, causing investor concerns about a potential global trade war. Despite its reputation as a hedge against traditional market volatility, Bitcoin remains sensitive to economic developments. However, some industry watchers remain optimistic about Bitcoin's prospects for the rest of the year, with analyst predictions ranging from $160,000 to above $180,000 for the rest of the 2025 market cycle.