Bitcoin, Crypto Stocks Extend Slide to Start The Week
Key Takeaways
- Bitcoin and stocks tied to the cryptocurrency industry each fell Monday morning, extending a slide that started last week.
- Bitcoin surged after U.S. President Donald Trump’s election win in November, but has declined since his inauguration.
- The Trump administration’s tariffs have created uncertainty in the market, making stocks and crypto especially volatile in recent weeks.
The mood in cryptocurrency markets hasn’t improved to start this week, as Bitcoin (BTCUSD) and a number of stocks tied to digital currencies are all moving lower Monday morning.
Stocks like cryptocurrency exchanges including Robinhood (HOOD) and Coinbase (COIN) and Bitcoin miners like Mara Holdings (MARA) each fell late last week, along with…