#CryptoTariffDrop Bitcoin and crypto-related stocks fell Monday, extending last week's losses in the wake of President Donald Trump's latest tariff announcement.
The price of Bitcoin was down to around $76,000 early Monday, after dropping below the $80,000 threshold over the weekend. The cryptocurrency had traded above $100,000 as recently as February.
Shares of Strategy (MSTR), the Bitcoin buyer formerly known as MicroStrategy, plunged about 12%, while crypto exchange Coinbase (COIN) lost 9%. Bitcoin miners Riot Platforms (RIOT) and Mara Holdings (MARA) also dropped about 9%. Robinhood, the popular trading app, saw its shares tumble more than 10%.