Crypto sells off amidst Trump Tariff Turmoil! $Trove falls 90% in awful TGE! Pump Fund announced!

The crypto market remains under selling pressure today as the fallout from Trump's tariff turmoil continues, with all major tokens in the red. Investors are concerned about uncertainty surrounding U.S. trade policy, causing risk assets to broadly decline.

All Major Tokens Plunge

Bitcoin (BTC) is down 2%, falling below the $92,000 mark to $91,100; Ethereum (ETH) has seen a steeper drop of 4%, trading at $3,105; Solana (SOL) has also slipped 3%, settling at $129; Ripple (XRP) has pulled back 2% to $1.93. Market fear is intensifying, with trading volumes clearly rising.

However, a few tokens are bucking the trend. Crypto.com's CC surged 12%, Myx Digital's MYX jumped 5%, and Syrup Finance's SYRUP also gained 4%, becoming bright spots in today's weak market.

Traditional Finance Accelerates Crypto Push

Despite the short-term market volatility, traditional financial institutions continue to accelerate their push into the crypto sector. The New York Stock Exchange (NYSE) has begun preparations to launch 24-hour, round-the-clock trading services for tokenized stocks and ETFs. This move will significantly enhance trading convenience for investors and further blur the lines between traditional finance and the crypto market. Analysts point out that as the regulatory framework gradually matures, institutional adoption is expected to continue rising.

Industry players note that while the uncertainty surrounding tariff policy has triggered a short-term sell-off, the development trend for blockchain technology remains clear, and the long-term investment value has not changed.