Leading cryptocurrencies are trading in the red amid market volatility following Trump’s tariff announcements, with Bitcoin (BTC) dropping 2% to $91,100, Ethereum (ETH) shedding 4% to $3,105, Solana (SOL) declining 3% to $129, and XRP slipping 2% to $1.93.
Among the standout gainers, CC surged 12%, MYX advanced 5%, and SYRUP posted a 4% increase.
Concurrently, the New York Stock Exchange initiated preparations to facilitate 24/7 tokenized trading for equities and exchange-traded funds.
Steak ’n Shake announced approximately $10 million in Bitcoin holdings alongside the rollout of its own corporate BTC strategic reserve.
Ethereum co-founder Vitalik Buterin urged the adoption of more advanced DAO governance frameworks to foster greater accountability, operational coordination, and long-term sustainability.
In sovereign adoption, Bermuda unveiled an initiative to build a fully onchain national economy, collaborating with Coinbase and Circle across digital identity, payments, and tokenized financial systems.
Regarding institutional funds and corporate treasuries, spot Bitcoin ETFs experienced $394 million in net outflows on Friday, ending a four-day streak of consecutive inflows, whereas Ethereum ETFs stayed in positive territory with $4.7 million in net inflows.
Across decentralized and meme tokens, major meme coins declined in tandem with large-cap digital assets: Doge shed 1%, Shiba lost 1%, PEPE slipped 2%, TRUMP fell 1%, Bonk moved down 1%, Pengu dropped 4%, SPX fell 12%, WIF lost 1%, and Fartcoin slid 8%.
Meanwhile, top onchain performers included USOR climbing 70%, GSD jumping 50%, and Eliza Town rocketing 800%.
Originally published at https://decrypt.co/videos/interviews/O1HZN4PH/trump-tariffs-3-return-of-the-bull-market-nyse-tokenising-what-that-means-for-hype-claude-meme-meta.