The Daily: Bitcoin slips as US-EU tariff war fears mount, NYSE develops 24/7 tokenized securities trading platform, and more
Bitcoin dropped amid US-EU tariff fears, while the NYSE plans a 24/7 tokenized trading platform, and Paradex fixed a pricing glitch.Summary
The daily crypto market update highlights Bitcoin's slide toward $92,000, driven by fears of a renewed US-EU tariff war over Greenland, which triggered over $750 million in long liquidations. Analysts noted that geopolitical news amplified existing weakness following delays in US crypto legislation. In corporate news, the New York Stock Exchange is developing a platform for 24/7 trading and on-chain settlement of tokenized U.S. equities and ETFs, utilizing blockchain infrastructure. Separately, a pricing glitch on the Paradex DEX briefly set Bitcoin to $0, causing mass liquidations before the platform initiated a rollback. Other key developments include Ethereum's daily transactions hitting an all-time high as gas fees dropped to record lows, and Vitalik Buterin calling for DAOs that evolve beyond simple token-holder voting.
(Source：The Block)