Trump Tariffs 3: bull market is back! NYSE's token transformation, what does that mean for $Hype?

The main currencies in the crypto market generally declined: Bitcoin ( BTC ) fell 2% to $91,100, Ethereum ( ETH ) dropped 4% to $3105, SOL fell 3% to $129, and XRP fell by 2% to 1.93 USD.

News of the tariffs upset market sentiment

This round of P/E declines is closely related to the news-related fluctuations associated with Trump's tariffs. Market risk preference has receded, and capital flows are looking forward, mainly crypto asset under pressure. The overall drop ranges from 2% to 4%, without seeing extreme trends.

The New York Stock Exchange is preparing for round-the-clock trading of token .

The New York Stock Exchange (NYSE) has begun preparations for a 24-hour non-stop trading of token hybrid stocks with ETF , which means that the traditional financial infrastructure is being extended to on-chain asset types.

At the corporate level, US restaurant chain Steak 'n Shake disclosed about $10 million in Bitcoin allocations and announced the creation of a company-level strategic reserve for Bitcoin . Bermuda has unveiled plans to work with Circle on building an entire national economic system around payments, identity and financial infrastructure.

ETF Differentiated cash flows

On the ETF side, Bitcoin cash flows totaled $394 million on Friday, ending four consecutive days of net inflows.

on-chain with the Meme panel

Meme coins fell sharply: DOGE , SHIB , TRUMP, Bonk and WIF all dropped by about 1%, PEPE lost 2%, Penguin lost 4%, SPX lost 12%, Fartcoin lost 8%. USOR (+70%), GSD (+50%) and Eliza Town (+800%) led the list.

Vitalik is talking about DAO governance

Ethereum co-founder Vitalik Buterin calls for a more sophisticated model of governance to improve accountability, collaboration and long-term sustainability in organizations.