Crypto Sell-Off Amidst Tariff News; Altcoin Movers; ETF Flows Mixed
The cryptocurrency market experienced a sell-off, influenced by tariff news. Bitcoin (BTC) fell by 2% to $91,100, while Ethereum (ETH) decreased by 4% to $3,105. Solana (SOL) and XRP also saw declines. Despite the downturn, some altcoins like CC, MYX, and SYRUP experienced gains. The NYSE is reportedly preparing for 24/7 tokenized stock and ETF trading. Steak 'n Shake disclosed approximately $10 million in Bitcoin exposure and plans for a corporate BTC strategic reserve. Vitalik Buterin advocated for enhanced DAO governance. Bermuda is developing a fully onchain national economy with support from Coinbase and Circle. Bitcoin ETFs saw $394 million in net outflows, while ETH ETFs saw $4.7 million in inflows. Meme coins were also down.
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