Despite a turbulent stock market, where stocks experienced their worst day in five years, the cryptocurrency sector is showing remarkable resilience. The recent economic situation, exacerbated by tariff concerns, has resulted in a notable rise in Bitcoin (BTC) dominance, reaching its highest level in four years. While $300 million was liquidated in crypto assets within hours, no tariffs are set to impact cryptocurrencies directly. Noteworthy developments include the SEC's acknowledgment of Fidelity's Solana ETF filing and a significant upcoming unlocking of $200 million in staked SOL. Additionally, Ethereum's upcoming Pectra upgrade has been postponed, while USDC has emerged as the default currency for Binance Pay users. In regulatory news, various regions including Alabama and Nigeria are advancing policies recognizing cryptocurrencies. The market is seeing considerable activity with Circle minting $534 million in USDC across Ethereum and Solana networks. Justin Sun has raised concerns about the insolvency of FUSD, further affecting the stablecoin's stability. Overall, the crypto market's agility in response to macroeconomic shifts suggests a potential shift in investor sentiment.

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