Cryptocurrency prices slipped this week as renewed trade tensions linked to President Donald Trump's tariff push rattled investors and sapped appetite for riskier assets. Bitcoin fell about 2% to roughly $91,100, while Ethereum dropped a steeper 4% to around $3,105—yet beneath the surface, the infrastructure connecting Wall Street to blockchains kept building out.
Tariffs Weigh on Digital Assets
The latest wave of trade anxiety pushed most major tokens lower, extending a familiar pattern in which crypto trades in lockstep with broader risk sentiment. Solana declined 3% to $129 and XRP eased 2% to $1.93, mirroring the caution rippling through markets.
Still, the decline wasn't uniform. A handful of tokens bucked the downtrend, with CC leading gains at 12%, followed by MYX up 5% and SYRUP adding 4%.
The prices flinched, but the pipes of institutional crypto adoption kept getting bigger.
Here's how the majors and standout movers finished the stretch:
- Bitcoin: down roughly 2% to about $91,100
- Ethereum: down about 4% to roughly $3,105
- Solana: down about 3% to $129
- XRP: down about 2% to $1.93
- Notable gainers: CC (+12%), MYX (+5%), SYRUP (+4%)
Institutions Keep Building
Even with prices under pressure, traditional finance pressed ahead with blockchain integration. The New York Stock Exchange began laying groundwork for around-the-clock trading of tokenized stocks and exchange-traded funds—a shift that could reshape how conventional equities interact with onchain systems and blur the line between legacy markets and crypto rails.
Corporate balance sheets added to the momentum as well. Steak 'n Shake revealed it holds roughly $10 million in Bitcoin, joining a growing list of companies treating BTC as a strategic reserve asset. The move underscores how the treasury-adoption trend continues to spread beyond the earliest corporate believers.
Governance in the Spotlight
On the policy front, Ethereum co-founder Vitalik Buterin renewed his push for more sophisticated governance frameworks for decentralized autonomous organizations. He argued that DAOs require stronger accountability mechanisms, better coordination and