US crypto stocks plunge as bitcoin hits new 2025 low
(Reuters) – U.S.-listed shares of crypto companies tumbled before the markets opened on Monday, mirroring a sharp drop in bitcoin as escalating tariff tensions and fears of a global trade war triggered a broad retreat from risk assets.
Bitcoin (BTC-USD) fell as much as 5.5% on Monday to hit its lowest in 2025, and was last trading 2.1% lower.
Corporate bitcoin holder Strategy (MSTR) fell more than 10% in premarket trading, while crypto exchange Coinbase (COIN) dropped 7%. Online brokerage Robinhood slid 10.5% after Barclays slashed its price target, citing concerns the crypto market turmoil could drag down the company’s transaction revenue this quarter.
Among the miners, MARA Holdings (MARA) slumped 11% while CleanSpark (Source link
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