Crypto Stocks Down Pre-Bell as Bitcoin Drops After Trump's Tariffs

MT Newswires Live

2025/02/03

Crypto stocks were down pre-bell Monday after the Trump Administration announced over the weekend 25% trade tariffs on Canada and Mexico and additional 10% tariffs on China.

Coinbase Global (COIN) was down 6.4%, MARA Holdings (MARA) fell 7%, Riot Platforms (RIOT) slid 6.7% and MicroStrategy (MSTR) retreated 7.3% as bitcoin lost 3.4% to $94,961.

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