Crypto-focused companies, including Japan's Metaplanet and SBI Holdings, as well as U.S.-listed Coinbase, MicroStrategy, MARA Holdings, and Riot Platforms, experienced losses in their stock prices due to the turmoil in the crypto markets. The decline in U.S. futures also signaled potential declines in equities, which could further impact bitcoin's value since it typically follows U.S. stock market movements. The recent tariffs imposed by President Trump and the threat of taxes on the European Union contributed to the volatility in both stock and crypto markets.
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