Market Round Up: May 4, 2026

Memecoin fallout, institutional ETF expansion, and major TradFi-crypto integrations define this week's crypto headlines.

↳ TRUMP crashed to $2.27 after the Mar-a-Lago holder event failed to reverse sentiment, wiping over $5B in market cap. The token is now down 90% from its $75 peak.

↳ JPX confirmed plans to list spot BTC and ETH ETFs on the Tokyo Stock Exchange by 2027, with Nomura and SBI expected to lead initial offerings pending tax reform.

↳ Western Union will launch its Solana-based stablecoin USDPT this month, replacing SWIFT for settlements across 360,000 global payment agents.

↳ Polygon secured partnerships with Visa and Meta, joining a $7B stablecoin settlement network and powering creator payouts. The chain processed $37B in 30 days.