Crypto crash wipes millions from Coinbase, Strategy stocks as Trump trades flip – DL News
- Crypto stocks have lost nearly all gains made since Trump’s election win.
- Strategy and Coinbase have plunged over 40% from their recent peaks.
- Robinhood’s crypto boom continues, but its stock has pulled back from record highs.
The crypto crash has wiped out over 40% of Strategy and Coinbase’s stock price as the industry has taken a hammering — and they are not alone.
The plunges come as the total crypto market’s value has tumbled 28% from its $3.9 trillion December all-time high to $2.8 trillion today.
President Donald Trump’s election win fuelled digital assets’ surge at the end of 2025 as traders counted on his promises to relax crypto rules to trigger a huge bull run.
Crypto stocks rose in tandem, but those gains have been…