📉 Crypto Stocks Get Crushed as Macro Risk Returns

TL;DR: U.S.-listed crypto equities (Coinbase, Riot, CleanSpark) fell 7–16% as risk sentiment reset, driven by a weak U.S. jobs report and sharply higher tariffs announced by President Trump. Equities slid in lockstep (Dow –1.2%, S&P 500 –1.6%, Nasdaq –2.6%), and Bitcoin wagered down below $115K, sinking 3–4%, pulling crypto market cap down nearly 4% in 24 hrs.

🧾 1. Macro Echoes Across Risk Assets

🏦 2. Crypto Stocks’ Fall: More Than a Ripple

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$153M, including $

🌐 3. Market Collateral Damage: Equity to Crypto

AssetPrice ActionBitcoin $115K

🔮 4. What Traders & Crypto Holders Should Watch

a) 🧠 Correlation & De‑risking

Markets are tightly linked. Weak labor data + geopolitical risk often triggers risk-off clusters. Crypto remains sensitive as a volatile “beta asset.”

b) ⚠️ Fed Reaction vs Inflation Standoff

While job softness points to rate cuts, elevated core inflation keeps the Fed cautious. That tug-of-war underpins short-term volatility.

c) 📆 Tariff Rollouts & Trade Talks

With key tariffs kicking in August 7 and next round GW being negotiated, macro headlines remain binary catalysts—trade calm could change tone rapidly.

✅ Final Take

This isn’t a crypto bear market so much as an equities-led risk aversion spasm. Unlike macro shocks, Bitcoin and crypto firms haven’t broken structure yet, but sentiment is fragile. Until rate-path and trade tariffs stabilize, expect continued volatility and tight correlations across risk assets.

📌 This summary is for education only—not financial advice. DYOR.