Mando Minutes

Markets rocked by tariffs, BTC dominance rises, FUSD depegs

Subscribe: https://www.mandominutes.com

Crypto

• BTC: 83.2k (-2%), ETH: 1790 (-5%), SOL: 116 (-8%)

• Top Gainers: IP, DEXE, OM, LTC, XAUT

• BTC ETFs: $218mn, ETH ETFs: -$51mn

• 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 ETFs

• Metamask no longer needs native gas token

• Revoke integrated into Metamask

• HBAR submits Tiktok bid

Macro & General

• NASDAQ: 17.6k (+1%), Gold: 3150 (-1%)

• Tariffs more severe than expected, stocks dump

• US stocks set to erase $2T on open

• Weighted average tariffs at highest level in history 

• Some commodity, energy imports avoid tariffs

• Canada, Mexico avoid reciprocal tariffs

• US 10-year & dollar index at 6 month lows

• Gold hits ATH then retreats

• Odds of US recession on Polymarket hit 50%

• Permanent tariffs to result in 5% inflation: UBS

• Stock selloff Mag7 problem, not Trump: Bessent

• US looking to intensify sanctions on Iran

• EU prepares more measures against US tariffs

• China plans to retaliate against new US tariffs

• Tesla rallies on rumours of Elon back soon

• Amazon submits bid to buy Tiktok

Left Curve Corner

• Hot coins: SAROS, UXLINK, W

• Hot NFTs: Overworld, Smol Brains

• Coinlist launches DoubleZero 2Z token in US

• Jupiter purchases Drip Labs, expands into NFTs

Join the YEET waitlist: comingsoon.YEET.com 

The information does not constitute financial advice or recommendation and should not be considered as such. Full Disclaimer