The Bitcoin market has recently experienced extreme fluctuations. Since Trump was elected President of the United States, the price of Bitcoin reached an all-time high, but then saw a significant pullback. The Federal Reserve's interest rate cut policy and the market's uncertainty about the future of cryptocurrency regulation have exacerbated market volatility. As the leader of the digital asset market, Bitcoin's price changes have a profound impact on the entire cryptocurrency market, with tokens like Ethereum and Dogecoin also experiencing varying degrees of decline.