Crypto sells off amidst Trump Tariff Turmoil! $Trove falls 90% in awful TGE! Pump Fund announced!
The cryptocurrency market experienced a sell-off due to uncertainties surrounding Trump's tariff policies, with major cryptocurrencies like BTC and ETH seeing declines of 2% and 4%, respectively. Despite this, some tokens like CC and MYX showed gains, and significant developments such as NYSE's plans for 24/7 tokenized trading and Bermuda's onchain economy initiative were announced. However, the overall sentiment remains cautious as BTC ETFs faced notable outflows, indicating investor unease.
Crypto majors are red following Trump’s tariff turmoil; BTC -2% at $91,100; ETH -4% at $3,105, SOL -3% at $129; XRP -2% to $1.93. CC (+12%), MYX (+5%) and SYRUP (+4%) led top movers. The NYSE began preparations for 24/7 tokenized stock and ETF trading. Steak ’n Shake revealed roughly $10M in Bitcoin exposure alongside the creation of a corporate BTC strategic reserve. Vitalik Buterin called for more sophisticated DAO governance models to improve accountability, coordination, and long-term sustainability. Bermuda outlined plans for a fully onchain national economy, working with Coinbase and Circle on payments, identity, and tokenized financial infrastructure. In Corporate Treasuries / ETFs. The BTC ETFs saw $394M in net outflows on Friday breaking a 4-day inflow streak; ETH ETFs stayed green with $4.7M in inflows. In Memes / Onchain Movers. Meme majors were red along with majors; Doge -1%, Shiba -1%, PEPE -2%, TRUMP -1%, Bonk -1%, Pengu -4%, SPX -12%, WIF -1% and Fartcoin -8%. USOR (+70%), GSD (+50%), and Eliza Town (+800%) led onchain movers.
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