Bitcoin kicked off the year in rally mode, fueled by optimism about the positive changes the new Trump administration was expected to make for the crypto industry.

But that seems to have come to an end. 

Bitcoin has tumbled below $90,000 to hit the lowest level since mid-November, as the rally that followed Donald Trump’s election to the White House reverses under the weight of his trade tariffs and a string of industry setbacks.

Other cryptocurrencies also fell, with Ether, XRP and Solana down sharply. What’s causing this sell-off? Is this the end of the crypto boom.. And the start of another crypto winter? 

On The Wealth Tracker, Hongbin Jeong speaks with Ornella Hernandez, Presenter, Moniify Playbook to find out more.