Bitcoin experienced significant volatility last week, influenced by fears surrounding DeepSeek, the potential for new Federal Reserve interest rate cuts, and President Trump's tariffs. Bitcoin's price fluctuated, dipping to as low as $98,380 before recovering and surpassing $100,000. However, after reaching nearly $106,000, it fell back below $102,000 post-announcement of the tariffs. There was also notable activity in Bitcoin exchange-traded funds (ETFs), with $1.6 billion inflow last week, followed by a withdrawal of nearly $458 million early this week. A major highlight was Tether's announcement of integrating its dollar-pegged stablecoin on the Bitcoin network, a move seen as beneficial for users globally. Additionally, ongoing tensions arose between Bitcoin supporters and Ripple, as allegations surfaced about Ripple seeking inclusion in the digital asset initiatives under the Trump administration. Trump's new fintech arm aims to explore investments in Bitcoin and other cryptocurrencies, adding to the mixed sentiments within the crypto community.

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