Bitcoin price rebounds slightly after tariff news, while some crypto stocks continue to fall

From Yahoo Finance: 2025-04-04 14:38:00

Bitcoin prices saw a slight increase on Friday after falling earlier in the week due to tariff news. Some crypto-related stocks, like Robinhood Markets and Coinbase Global, continued to decline. However, shares of Strategy rose. Bitcoin is still far below its February highs when optimism was high under the Trump administration.

Bitcoin prices rebounded slightly on Friday, climbing back towards $84,000 after dropping below $81,500 on Thursday. The decline was triggered by President Trump’s announcement of new tariffs. While Bitcoin recovered, other crypto-related stocks like Robinhood Markets and Coinbase Global continued to slide, while Strategy saw an increase.

Despite the recovery in Bitcoin prices, shares of Robinhood Markets and Coinbase Global were down by 11% and 7% respectively. Mara Holdings’ shares also dropped by about 1%. On the other hand, Strategy, previously known as MicroStrategy, saw a 3% increase in its stock price.

Bitcoin’s current price is significantly lower than the six-figure prices it reached in February when optimism was high under the Trump administration. The total market cap of cryptocurrency has decreased from over $3.7 trillion in late 2024 to around $2.6 trillion, according to CoinMarketCap data.

Read more: Bitcoin Price Bounces, While Some Crypto Stocks Keep Falling