Crypto stocks down, IPOs punted amid tariff tumult

Crypto stocks down, IPOs punted amid tariff tumult

Crypto firms take a hit as Trump’s new tariffs rattle markets, sinking stocks and stalling IPO ambitions across sectors. Cryptocurrency firms felt the heat from US President Donald Trump’s sweeping tariff rollout this week as market turbulence sent share prices tumbling and foiled initial public offering (IPO) plans.  From exchanges to Bitcoin (BTC) miners, crypto…

Read More
Bitcoin falls toward K and prints ‘death cross’ as US stocks mimic 2020 COVID-19 crash

Bitcoin falls toward $80K and prints ‘death cross’ as US stocks mimic 2020 COVID-19 crash

Bitcoin’s pre-reciprocal US tariff gains evaporated as the S&P 500 prints intra-day losses not seen since the height of the COVID-19 sell-off in mid-2020. Bitcoin (BTC) hit new monthly lows at the April 3 Wall Street open as US unemployment data added to pressure on risk assets. BTC/USD 4-hour chart. Source: Cointelegraph/TradingView Data from Cointelegraph…

Read More