In pre-market trading on Monday, crypto-related companies experienced significant stock losses in response to Bitcoin’s drop to approximately $80,000. Major players like Coinbase and Marathon Digital fell over 5%, while other mining firms also registered declines. The negative sentiment in the market has been exacerbated by concerns over potential tariffs from President Trump, contributing to a bearish outlook reflected in the fear and greed index hitting a three-year low of 17.
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