Bitcoin and broader crypto markets plunged sharply—Bitcoin slid to just above $114K–$115K, dragging Ethereum, XRP, Solana, and Dogecoin down by 2.5% to over 9% 🚨cryptonews.com+11barrons.com+11coincentral.com+11
The sell‑off was triggered by new U.S. tariffs (10% baseline, 35% on Canadian imports), which rattled risk assets and spurred over $600M in crypto liquidationseconomictimes.indiatimes.com+4barrons.com+4coincentral.com+4.
Meanwhile, Ethereum outperformed Bitcoin, posting a 54% monthly gain thanks to fresh institutional demand, spot ETF traction, and clarity from the newly enacted GENIUS Actbusinessinsider.com+1en.wikipedia.org+1.
In Asia, fintech and AI firms in Hong Kong raised over $1.5B for crypto, backed by new stablecoin licensing policyreuters.com.
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