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Trump Tariffs Prompt Market Shifts; NYSE to Launch 24/7 Token Trading
Cryptocurrency markets faced declines following tariff news from Trump, while the NYSE prepares for 24/7 tokenized trading.
Mercation Admin
January 20, 2026 1 min read
Major cryptocurrencies experienced declines amid the fallout from Trump's tariff decisions, with Bitcoin down 2% at $91,100, Ethereum falling 4% to $3,105, and Solana dropping 3% to $129. In contrast, CC rose by 12%, MYX increased by 5%, and SYRUP climbed 4%. The New York Stock Exchange (NYSE) has initiated steps to facilitate around-the-clock trading of tokenized stocks and ETFs. Steak ’n Shake disclosed an approximate $10 million exposure to Bitcoin while also establishing a corporate BTC strategic reserve. Vitalik Buterin emphasized the need for more advanced governance structures for decentralized autonomous organizations (DAOs) to enhance accountability, coordination, and sustainability over the long term. Bermuda has announced its intention to develop a fully onchain national economy, collaborating with Coinbase and Circle to enhance payments, identity verification, and tokenized financial systems. In the realm of Corporate Treasuries and ETFs, Bitcoin ETFs experienced a significant net outflow of $394 million on Friday, ending a streak of four days of inflows, while Ethereum ETFs continued to attract investment, recording $4.7 million in inflows. In the meme coin sector, major tokens also saw declines, with Dogecoin down 1%, Shiba Inu down 1%, PEPE down 2%, TRUMP down 1%, Bonk down 1%, Pengu down 4%, SPX down 12%, WIF down 1%, and Fartcoin down 8%. Onchain movers included USOR (+70%), GSD (+50%), and Eliza Town (+800%), leading the charge in the market.