Bitcoin dropped 2% to $91,100 and Ethereum fell 4% to $3,105 following Trump's tariff announcements, while Solana declined 3% to $129. XRP lost 2% to $1.93. Smaller tokens CC, MYX, and SYRUP gained 12%, 5%, and 4% respectively.
The NYSE initiated preparations for 24/7 tokenized stock and ETF trading, signaling institutional adoption of blockchain infrastructure. Steak 'n Shake disclosed approximately $10 million in Bitcoin holdings and established a corporate BTC strategic reserve, joining companies building treasury positions in crypto assets.
Vitalik Buterin published recommendations for enhanced DAO governance structures, emphasizing improved accountability and long-term coordination mechanisms. Bermuda announced plans to build a fully onchain national economy, partnering with Coinbase and Circle to develop payments infrastructure, identity systems, and tokenized financial services.
Bitcoin spot ETFs experienced $394 million in net outflows Friday, breaking a four-day inflow streak. Ethereum ETFs maintained inflows, though the article cuts off before final figures.
The market snapshot reflects traditional macro headwinds offsetting positive infrastructure developments. Corporate treasury adoption and government-level blockchain integration represent longer-term catalysts beyond immediate tariff concerns.