The cryptocurrency market experienced volatility following a downturn in the US stock market, with Bitcoin briefly dipping below $77,000 and Ethereum at $1,750. In the past 24 hours, liquidations approached $1 billion. The stock market has lost approximately $4 trillion since the announcement of tariffs by Donald Trump, with Tesla shares falling by 15%. In a recent market snapshot, Bitcoin rebounded to around $81,600, while Ethereum was reported at $1,910. Notably, Senator Cynthia Lummis has reintroduced the Bitcoin Act, which aims to purchase 1 million Bitcoin over five years with a minimum holding period of 20 years. Additionally, the U.S. House has overturned the IRS broker rule concerning decentralized finance (DeFi), and the SEC has delayed decisions on several altcoin ETFs, including those for XRP and Dogecoin. Despite these challenges, the prospects for ETF approvals in 2025 remain optimistic.