Bitcoin had hit a record high of $109,071 in January, but it has since lost most of the gains racked up since the American election. That's as concerns about US tariff policy, the health of the world's largest economy and a tech selloff sap risk appetite.

Only weeks after hitting the six-figure all-time high, the cryptocurrency is now trading at around US$80,000, down nearly a quarter from its January peak.

So are we in a bear market? What’s next for the crypto market?

On Wealth Tracker, Hongbin Jeong speaks to Valentin Fournier, Digital Asset Analyst at BRN, to find out more.