Updates
** Cryptocurrency and blockchain-related stocks sag on Tues as bitcoin turns red and markets continue to convulse
** Bitcoin BTC=, world's biggest cryptocurrency, down 2.2% to $77,152 after rising as much as 2.2% to $80,829 earlier on Tues. Ether ETH= falling 5.6% to about $1,487
** Equities surrender strong early gains and dip into negative territory after the Trump administration says additional tariffs on China to kick in on Weds .N
** Crypto exchange Coinbase Global COIN.O off 1%, notable bitcoin compiler Strategy MSTR.O down nearly 5% on the session
** Retail trading platform Robinhood HOOD.O off fractionally on Tues
** Crypto miners fall: Riot Platforms RIOT.O ~6%, Mara Holdings MARA.O 3.5%, Cleanspark CLSK.O ~7%, Bit Digital BTBT.O ~4%
** ProShares Bitcoin Strategy ETF BITO.P and iShares Bitcoin Trust ETF IBIT.O both off ~1%
** BTC off ~18% YTD with move on Tues
(Lance Tupper is a Reuters market analyst. The views expressed are his own)
((lance.tupper@tr.com 1-646-279-6380))
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