US crypto stocks plunge as bitcoin hits new 2025 low
From channelnewsasia.com
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 fell as much as 5.5 per cent on Monday to hit its lowest in 2025, and was last trading 2.1 per cent lower. Corporate bitcoin holder Strategy fell more than 10 per cent in premarket trading, while crypto exchange Coinbase dropped 7 per cent. Online brokerage Robinhood slid 10.5 per cent after Barclays slashed its price target, citing concerns the crypto market turmoil could drag down the ...
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