Bitcoin's price has remained volatile, recently trading around $87,370 following a dip to approximately $85,869. The cryptocurrency market has been influenced by political developments, particularly the announcement of a 25% tariff on non-U.S. cars by President Trump. This has led to fluctuations in various asset prices, including a notable 12% increase in GameStop shares after the company announced plans to raise $1.3 billion through convertible notes, speculated to be used for purchasing Bitcoin. Additionally, the SEC has settled with Ripple, resulting in a modified judgment of $125 million, where Ripple will pay $75 million and the SEC retains $50 million. The market is also seeing increased interest in Bitcoin ETFs, with major players like Fidelity testing their own crypto stablecoin and 57% of U.S. financial advisors planning to add crypto ETFs this year. Overall, the market appears to be reacting to both regulatory changes and corporate strategies in the crypto space.