Bitcoin slips on tariff fears as NYSE pushes toward tokenized 24/7 trading
The shift towards 24/7 tokenized trading could redefine financial markets, integrating crypto with traditional finance and enhancing liquidity.
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Bitcoin’s stay above $95K did not last long. Trade war headlines involving the US and the European Union rattled markets, sending crypto sharply lower as liquidations piled up. As risk appetite faded, capital rotated into traditional safe havens, pushing gold and silver to new all-time highs while Bitcoin searched for footing.
Even as markets react to macro headlines, changes to trading infrastructure remain in progress. The New York Stock Exchange is laying the groundwork for 24/7 tokenized securities trading, bringing stablecoins and instant settlement closer to the core of traditional finance.
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Bitcoin slips toward $92K amid EU-USÂ tariff threats
Bitcoin dropped from $95K to around $92K on Sunday after reports that the EU is preparing €93 billion in retaliatory tariffs against the US. The selloff triggered more than $880 million in liquidations over the past 24 hours, largely hitting long positions. Bitcoin has since bounced toward $93K but remains below $93.5K, the 2025 yearly open and a key level that capped price action for months. Analysts warn a failure to reclaim that zone could reopen downside toward the $85K to $90K range. While equities were closed for the holiday, S&P futures pointed about 1.2% lower.
Gold and silver surged as capital rotated into traditional safe havens. Gold pushed to a fresh all-time high near $4,700, while silver climbed toward $94. The contrast underscored the market’s current preference for physical hedges over digital ones.
NYSE plans blockchain platform for 24/7 tokenized trading
New York Stock Exchange announced plans to launch a blockchain based platform for tokenized stocks and ETFs later this year. The venue will support round the clock trading, instant settlement, dollar denominated order sizing, and stablecoin based funding. According to Intercontinental Exchange, the platform is designed to integrate trading, settlement, custody, and capital formation onchain.
The exchange said tokenized shares will be fungible with traditionally issued securities and carry the same dividend and governance rights. ICE is also working with banks including BNY and Citi to support tokenized deposits and around the clock funding across clearinghouses. Regulators have yet to approve the platform, but NYSE aims to launch later this year as competition heats up with Nasdaq also exploring near nonstop trading.
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