Business

Risk assets are falling due to tariff uncertainty and rising global bond yields.

The 10-year US Treasury yield rose to 4.27 percent, a four-month high, raising borrowing costs across the global economy.

A major owner’s exit sent White Whale sharply lower on Monday, with the project calling the move a “liquidity event.”

Data from decentralized trading venues point to the potential for a deeper price drop in the coming months.

Tuesday’s crypto band was steadier after Monday’s tariff-driven wobbles, but sentiment remains cautious with altcoins still weaker than bitcoin.

A long-dormant bitcoin wallet moved 909 BTC, now worth more than $84 million, to a new address after over 12 years of inactivity.

When the breakout attempt stalled, sellers tapped the band, triggering a sharp reversal that cleared out late longs and turned the short-term structure bearish.

Data suggests that much of the recent surge in Ethereum transactions is tied to addressing poisoning, a scam that relies on cheap “dust” transfers to contaminate transaction histories rather than organic user demand.

Expect crypto volatility over the next few days on Trump tariff headlines, a Kraken executive warned.