Crypto stocks took a sharp hit as macroeconomic tensions intensified. Shares of Coinbase, Riot Platforms, and CleanSpark dropped between 7% and 16% amid a widespread sell-off in risk assets. This decline was driven by renewed global tariff threats, disappointing data, and growing investor concerns over economic uncertainty.
Both equities and Bitcoin faced pressure. U.S. stock futures opened significantly lower, with the Dow, S&P 500, and Nasdaq each falling about 1% to 1.6%, triggered by Trump’s expansive tariff directives and increased bitcoin Bitcoin also fell to a three-week low near $114,000, pulling down altcoins and crypto-related stocks.
📉 Key Points:
Policy shocks and tariff escalations caused synchronized volatility across crypto, equities, and broader risk assets.
Crypto mining and exchange stocks led the downturn, highlighting their sensitivity to macroeconomic sentiment.
Investor sentiment shifted to risk aversion, leading to surging liquidations, falling futures, and BTC slipping below important technical levels.
With ongoing inflation and trade policy uncertainties, traders are preparing for potential further declines.
