Bitcoin surged past $72,000 as institutional demand returns, Kraken secured historic access to the Federal Reserve payment system, and Eric Trump criticized major banks for lobbying against stablecoin yields. Meanwhile, geopolitical tensions and regulatory uncertainty continue shaping the crypto market.

Bitcoin is acting like a risk asset while gold becomes the safe haven again. After tariffs sparked a liquidity shock and massive liquidations, crypto markets are facing a major capital rotation. Here’s what’s really happening — and why recovery may depend on global liquidity, not hype.

Crypto markets turned red as Bitcoin slipped below $68K, but Brazil’s Bitcoin reserve proposal and retail dip-buying could signal long-term strength.