FILE PHOTO: Souvenir tokens representing cryptocurrency Bitcoin plunge into water in this illustration taken May 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
(Reuters) -U.S.-listed shares of crypto companies tumbled on Monday, mirroring a sharp drop in bitcoin as escalating tariff tensions and fears of a global trade war triggered a broad retreat from risk assets.
Bitcoin fell as much as 5.5% to hit its lowest in 2025. Strategy, which holds billions worth of the token on its balance sheet, fell more than 10% and gave back much of the gains from the previous session.
