Crypto stocks fall as China's retaliatory tariffs drags bitcoin

ReutersApr 4, 2025 1:58 PM

Crypto and blockchain-related stocks fall in early trading

Bitcoin BTC=, the world's biggest cryptocurrency, falls 0.8%, while Ether ETH= down 1.7%

China on Friday announced additional retaliatory tariffs on all U.S. goods

Tariffs have rattled confidence and deepened concerns over global trade war, sparking a sell-off in risky assets, including cryptocurrencies

Crypto exchange Coinbase COIN.O falls 6.8%, bitcoin bull Strategy MSTR.O down 1%

Bitcoin miners CleanSpark CLSK.O, Riot Platforms RIOT.O and MARA Holdings MARA.O fall 2.6%, 4%, and 3%, respectively

Bitcoin has lost ~11% so far in 2025

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