U.S. Crypto Stocks Tumble as Trump’s Broad Tariffs Unsettle Markets

U.S. cryptocurrency stocks dipped in premarket trading on Thursday as President Donald Trump’s newest wave of extensive tariffs shook investor faith amid escalating global trade friction, triggering a retreat from high-risk investments. Crypto trading platform Coinbase Global (COIN.O), opens new tab, saw a decline of roughly 4%, while prominent bitcoin investor Strategy (MSTR.O), opens new tab, shed 3%. Among mining firms, MARA Holdings (MARA.O), opens new tab, Riot Platforms (RIOT.O), opens new tab, and Bitfarms experienced drops of approximately 4%, 5%, and 6%, respectively.