Markets rocked by Tariffs, BTC Dominance rises, FUSD depegs
Crypto plunges on trade war escalation fears. BTC dominance rises to highest level in 4 years. $300m liquidated in crypto within 4 hours. Crypto sentiment back to ‘Extreme Fear’. No tariffs set to be imposed on crypto. DTCC introduces tokenised collateral platform. Fidelity launches no fee crypto IRA. Arizona advances BTC reserve bill. Alabama allows state investments in crypto. Nigeria recognises crypto as securities. FUSD depegs as Justin Sun calls Trust insolvent. Sun bails out TUSD after $456m reserves stuck. PayPal adds SOL and LINK for US customers. $285m USDC minted at USDC treasury. Grayscale launches 2 new BTC focused ETF. Metamask no longer needs native gas token. Revoke integrated into Metamask. HBAR submits Tiktok bid.
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