U.S.-listed shares of crypto companies tumbled before the markets opened 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% on Monday to hit its lowest in 2025, and was last trading 2.1% lower. Corporate bitcoin holder Strategy fell more than 10% in premarket trading, while crypto exchange Coinbase dropped 7%.