Tariffs Crush Crypto; Institutional Ethereum Adoption Soars
Following President Trump’s tariff order, the crypto market plunged, with Bitcoin (BTC) and Ethereum (ETH) falling below key support levels. Bitcoin suffered steeper losses, while institutional Ethereum adoption surged.
Data from Coin Bureau shows BlackRock moved 272.4 BTC (≈$28.3M) to Coinbase Prime and withdrew 12,098 ETH (≈$45.4M). Meanwhile, Bitmine Immersion Technologies accelerated accumulation, adding 379,271 ETH (≈$1.5B) over the past week.
Investor Robert Kiyosaki named Ethereum alongside Bitcoin, gold, and silver as key inflation hedges. The surge in institutional Ethereum adoption underscores growing confidence in ETH’s role in DeFi and future financial infrastructure, supporting a bullish outlook for Ethereum amid ongoing market volatility.
Bullish
By concentrating substantial capital flows into Ethereum, major institutions like BlackRock and Bitmine Immersion have signaled robust confidence in ETH’s fundamentals and future utility. In the short term, these large purchases can stabilize Ethereum’s price floor and trigger bullish momentum as traders anticipate further inflows. Over the long term, sustained institutional Ethereum adoption supports network growth, strengthens DeFi ecosystems, and may lead to structural appreciation in ETH’s value. This shift from Bitcoin to Ethereum indicates a strategic focus on Ethereum’s potential as a blockchain infrastructure asset, reinforcing a bullish trajectory for ETH.