Many people now regret voting for Trump, possibly even within the crypto community, as we initially rode the hype of his promise to support Bitcoin with crypto-friendly policies. However, I believe what's happening has nothing to do with Trump. Bitcoin has always been independent especially with the stock market. What we're seeing now looks more like a market correction, leading us into a bear market, especially since we already hit an ATH earlier this year.
So just chill.
I hate to say this but I still think that Trump’s tariffs is still one of these factors that made btc price went crashing, although the bitcoin market itself is already highly volatile in nature. So just chill.
However, I also believe that Trump has also been a luck factor for bitcoin most especially when his victory was announced, but only to realized late that the policies of Trump will also bring price decline for bitcoin, which could lead to the bear season of bitcoin if the price will stay dumping in the long run.
Those situation you mentioned is temporary occurrence and I think people just go panic about the situation happen especially that they see the stock market is crashing. But actually the tariff implementation doesn't do anything with Bitcoin that's why we see the market recover and stays at $80k+ again.
Also what happened there is short term hype since many people believe that Trump could bring good changes on Bitcoin especially after he won. Yes we see Bitcoin reached at $100k but it doesn't mean everything is fine since it seems Trump is the biggest manipulator and better for people in Bitcoin also crypto to stop buying their crap so that we will not get manipulated. Also if people will settle out and ignore Trumps crazy action like this current one the tariff thing for sure they can't manipulate people anymore and Bitcoin might continue to recover.