Crypto markets suffer a brutal selloff as gold and silver see one of their sharpest reversals in decades. Big buyers step in, stablecoins move to the center of regulation, and Washington pulls crypto directly into U.S. political and financial policy.

Crypto markets slid again as BTC fell near ~$83K & ETH around ~$2.7K, driven by tightening U.S. dollar liquidity. Arthur Hayes pointed to a surge in government cash balances ahead of a shutdown and renewed regulatory uncertainty around stablecoins.

The Trump administration will host a closed-door meeting next week with senior executives from both the banking and cryptocurrency sectors, aiming to broker a compromise on the long-stalled Senate crypto bill known as the Clarity Act.

This week, Visa, KuCoin, Apple, and onchain markets all pointed to the same shift: crypto is moving from a trade to embedded infrastructure.

Davos 2026 revealed cracks in the global financial order — from weakening trust in fiat and globalization to rising AI-driven inequality — while crypto quietly emerges as a practical alternative.

Ethereum hits record usage as fees collapse, RWAs move onchain, capital keeps flowing, and wallets step into the real world. Here’s what’s driving crypto now.