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 pr
Trump's tariff storm has devastated the crypto market, with Bitcoin, Ethereum and other major tokens all sliding. Market analysts point out that escalating trade tensions have intensified investor panic, weighing on the virtual currency sector.
According to the latest trading data, subdued market sentiment triggered a wave of profit-taking:
However, some tokens bucked the trend. CC surged 12%, MYX rallied 5%, and SYRUP gained 4%, emerging as rare bright spots on the board. Analysts attribute these outliers' strength to their unique use cases or community-driven dynamics.
News of the New York Stock Exchange's 24/7 tokenized stock and ETF trading preparations also drew attention. The NYSE has initiated groundwork for around-the-clock tokenized trading, signaling traditional financial institutions are accelerating their embrace of blockchain technology. This move could inject fresh liquidity into the crypto market, though tariffs remain the dominant market driver in the near term. Experts advise investors to closely monitor US-China trade negotiations and assess risk carefully.
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