Crypto stocks down as bitcoin falls after Trump's tariff announcement

** Crypto and blockchain-related stocks fall in early trading** Bitcoin , the world's biggest cryptocurrency, falls 0.4%, while Ether down 1.2%** U.S. President Donald Trump late Wednesday unleashed sweeping tariffs on dozens of rivals and allies** Tariffs have rattled confidence and deepened concerns over global trade war, sparking a sell-off in risky assets** Research boutique firm Fundstrat says crypto is in a tough spot until someone blinks ** "The ongoing trade war remains the dominant driver of crypto’s next move," says Sean Farrell, head of digital asset strategy at Fundstrat** "We turn bullish if other countries concede or if economic weakness results in a fiscal or monetary response" - Fundstrat** Crypto exchange Coinbase falls 7%, bitcoin bull Strategy down 6.3%** Bitcoin miners CleanSpark , Riot Platforms and MARA Holdings fall 5.8%, 8.1%, and 8%, respectively** iShares Bitcoin Trust and ProShares Bitcoin Strategy ETF fall nearly 6% each** Bitcoin has lost nearly 12% of its value in 2025