From liquidations to gold fever.

One of the sharpest declines in crypto.

Last Friday, crypto saw one of its sharpest drops ever. The sell-off began after Trump announced that the U.S. would impose 100% import tariffs on Chinese goods, in response to China’s new export restrictions on rare earth materials. The fear of a renewed trade war quickly spread across global markets, sending crypto sharply lower.

Within minutes, billions in positions were sold and some coins lost tens of percent in value. Markets are still digesting the shock and may need time to recover, but fundamentally nothing has changed about the long-term outlook for crypto.

Binance and Coinbase move into crypto payments.

Two of the world’s largest crypto platforms have announced new payment solutions this week. With that, they’re entering the rapidly growing market for digital payments powered by stablecoins. Until now, this field was mostly dominated by banks and payment companies, but Binance and Coinbase are now joining the race.

That shift is significant. These crypto giants collectively serve hundreds of millions of users worldwide, meaning their entry could accelerate the adoption of crypto payments and shape the future infrastructure for stablecoin transactions.

Gold reaches a $30 trillion valuation.

Gold has reached a total market value of $30 trillion for the first time in history. Prices broke through $4,300 per ounce, with reports of long lines at physical gold stores in several countries. The sudden surge in retail buying shows clear signs of market euphoria.

Bitcoin hasn’t followed gold’s move yet and is currently trading more in line with equities. Still, the rally in gold highlights investors’ growing appetite for scarce, hard assets amid ongoing economic uncertainty.