Crypto had an eventful day, with prices pulling back during global tensions and many announcements being made. Here’s the full rundown.
Chainlink pushed U.S. stocks on-chain!
Chainlink [LINK] has rolled out 24/5 US Equities Streams, an upgrade to its Data Streams product. It brings real-time pricing for US stocks and ETFs onto blockchains, even outside regular market hours!
This will open up access to the roughly $80 trillion US equities market for DeFi applications.
The new streams are live across more than 40 blockchains and are designed to support on-chain products such as equity perps, prediction markets, and other trading tools that need reliable price data at all times.
Until now, most on-chain equity feeds relied on a single price update during standard trading hours. Outside those hours, pricing blind spots increased risk.
Chainlink says its new equities streams solve this by converting market data into continuous, cryptographically verified feeds.
Several protocols, including BitMEX, ApeX, Orderly, and HelloTrade, have already integrated the product.
Tariff threats rattle the markets
Crypto markets turned defensive after tariff threats from the Trump administration added fuel to a wildfire. Bitcoin [BTC] slid below the $90K mark during Tuesday’s session and was trading near $89,100 at press time.
With a steady sequence of lower highs on the intraday chart, brief bounce attempts have failed to reclaim key levels.
Ethereum [ETH] followed a similar path, slipping under $3K and posting close to a 5% daily decline.
Selling pressure was rampant across the market. Solana [SOL] fell more than 2% on the day, while Ripple’s XRP [XRP] and Binance [BNB] both dropped over 2% and 4%, respectively.
The weakness came as US Treasury Secretary Scott Bessent reaffirmed that tariffs are a core policy tool, with the possibility of a 10% levy as early as February to assist the acquisition attempts of Greenland.
Markets took it as confirmation that trade-driven inflation risks are back in focus.
However, he later went on to downplay the bond market reaction following his statements.
Bessent argued that rising yields were driven by bond market annihilation in Japan and that the reaction cannot be isolated to the United States’ moves.
