From Yahoo Finance: 2025-04-03 05:43:00

U.S. crypto stocks fell after Trump’s tariffs, with Coinbase down 7.7% and bitcoin holder Strategy dropping 5.6%. Miners like MARA Holdings and Riot Platforms slipped about 8-8.7%. Bitcoin and ether also took hits, with 3.9% and 5.2% drops, respectively.

The declines show the impact of tariffs on various assets. Trump’s administration may support crypto, but economic instability could still affect the sector. RedStone’s Marcin Kazmierczak noted a growing link between digital assets and macroeconomic policies.

Some analysts see crypto’s resilience compared to other industries. David Hernandez of 21Shares highlights crypto’s borderless nature as a hedge against economic uncertainties. Vanda Research’s Marco Iachini expects inflows into crypto ETFs from retail investors seeking opportunities, though flows may decrease as instability rises.

Read more: US crypto stocks slide as Trump’s sweeping tariffs jolt markets