Coinbase stock tumbles with bitcoin below $65,000 as tariff jitters hit crypto-linked shares
Coinbase shares dropped 6.3% to $160.58 Monday as bitcoin fell below $65,000 and U.S. tariff uncertainty hit risk assets. Bitcoin slid 3.8% to $64,783, with ether down 3.9% to $1,864. Other crypto-linked stocks, including Robinhood and Strategy, also declined. New tariffs under Section 122 of the Trade Act are set to begin Tuesday.