Crypto stocks in the US fell after President Trump's recent tariffs, causing a sell-off in riskier assets. Coinbase Global fell 7.7%, while major bitcoin holder Strategy dropped 5.6%. Miners MARA Holdings, Riot Platforms, and Bitfarms slipped 8.3%, 8.7%, and 5%, respectively. Bitcoin dropped 3.9%, while ether dived 5.2%. The declines suggest a growing correlation between digital assets and macroeconomic policy shifts, potentially accelerating interest in decentralized alternatives.
Crypto stocks in the US fell after President Trump's recent tariffs, causing a sell-off in riskier assets. Coinbase Global fell 7.7%, while major bitcoin holder Strategy dropped 5.6%. Miners MARA Holdings, Riot Platforms, and Bitfarms slipped 8.3%, 8.7%, and 5%, respectively. Bitcoin dropped 3.9%, while ether dived 5.2%. The declines suggest a growing correlation between digital assets and macroeconomic policy shifts, potentially accelerating interest in decentralized alternatives.