Crypto stocks sag as bitcoin reverses course with markets

Crypto stocks sag as bitcoin reverses course with markets

** Cryptocurrency and blockchain-related stocks sag on Tues as bitcoin turns red and markets continue to convulse** Bitcoin , world's biggest cryptocurrency, down 2.2% to $77,152 after rising as much as 2.2% to $80,829 earlier on Tues. Ether falling 5.6% to about $1,487** Equities surrender strong early gains and dip into negative territory after the Trump administration says additional tariffs on China to kick in on Weds ** Crypto exchange Coinbase Global off 1%, notable bitcoin compiler Strategy down nearly 5% on the session** Retail trading platform Robinhood off fractionally on Tues** Crypto miners fall: Riot Platforms ~6%, Mara Holdings 3.5%, Cleanspark ~7%, Bit Digital ~4%** ProShares Bitcoin Strategy ETF and iShares Bitcoin Trust ETF both off ~1%** BTC off ~18% YTD with move on Tues

Reuters