Cryptocurrencies fall as traders shy away from riskier assets amid U.S.-China trade tensions

[Digitized Bitcoin Symbol]
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Bitcoin (BTC-USD [https://seekingalpha.com/symbol/BTC-USD]) fell 3.7% as investors seemed to shun riskier assets in the wake of fears over the U.S.-China trade tensions.

The cryptocurrency was trading at $111K at the time of writing. Ether (ETH-USD [https://seekingalpha.com/symbol/ETH-USD]) gapped down 4.4% to $4K, Mantle (MANTLE-USD [https://seekingalpha.com/symbol/MANTLE-USD]) -15%, Okex (OKB-USD [https://seekingalpha.com/symbol/OKB-USD]) -12.4%, Pepe (PEPE-USD [https://seekingalpha.com/symbol/PEPE-USD]) -8.3%, Avalanche (AVAX-USD [https://seekingalpha.com/symbol/AVAX-USD]) -7% and Cronos (CRO-USD [https://seekingalpha.com/symbol/CRO-USD]) -9.6%.

Last week, Bitcoin's (BTC-USD [https://seekingalpha.com/symbol/BTC-USD]) price fell below $120K after U.S. President Donald Trump's comments about China sparked renewed concerns over tariffs and spurred a broader selloff across risk assets.

However, crypto markets seemed to rebound on Monday after the bruising weekend [https://seekingalpha.com/news/4503502-crypto-markets-rebound-as-trump-vance-signal-openness-to-china-trade-deal] selloff, as Trump moved to ease worries over U.S.-China trade tensions.

Bitcoin's (BTC-USD [https://seekingalpha.com/symbol/BTC-USD]) fall today echoed the broader market sentiments, as stock index futures as tumbled.

The United States and China will begin charging new port fees on each other’s vessels starting Tuesday, escalating trade tensions between the world’s two largest economies.

Crypto exchanges Coinbase Global (COIN [https://seekingalpha.com/symbol/COIN]) -4.6% and Bullish (BLSH [https://seekingalpha.com/symbol/BLSH]) -4.3% Stablecoin issuer Circle Internet Group (CRCL [https://seekingalpha.com/symbol/CRCL]) -3% and blockchain-based lender Figure Technology Solutions (FIGR [https://seekingalpha.com/symbol/FIGR]) -4.6%.

Crypto-linked stocks to watch: Riot Platforms (RIOT [https://seekingalpha.com/symbol/RIOT]) -5.7%, MARA Holdings (MARA [https://seekingalpha.com/symbol/MARA]) -4.8%, Strategy (MSTR [https://seekingalpha.com/symbol/MSTR]) -4.8%, Sharplink Gaming (SBET [https://seekingalpha.com/symbol/SBET]) -7.3%, Bit Digital (BTBT [https://seekingalpha.com/symbol/BTBT]) -7.3%, BitMine Immersion Technologies (BMNR [https://seekingalpha.com/symbol/BMNR]) -7.6%, CleanSpark (CLSK [https://seekingalpha.com/symbol/CLSK]) -5.9%.

SOME CRYPTO-RELATED EXCHANGE-TRADED FUNDS OF INTEREST: (IBIT [https://seekingalpha.com/symbol/IBIT]), (ARKB [https://seekingalpha.com/symbol/ARKB]), (GBTC [https://seekingalpha.com/symbol/GBTC]), (BRRR [https://seekingalpha.com/symbol/BRRR]), (BTCO [https://seekingalpha.com/symbol/BTCO]), (HODL [https://seekingalpha.com/symbol/HODL]), (BTCW [https://seekingalpha.com/symbol/BTCW]), (FBTC [https://seekingalpha.com/symbol/FBTC]), (BITB [https://seekingalpha.com/symbol/BITB]), (EZBC [https://seekingalpha.com/symbol/EZBC]), (BITQ [https://seekingalpha.com/symbol/BITQ]), (DAPP [https://seekingalpha.com/symbol/DAPP]), (BKCH [https://seekingalpha.com/symbol/BKCH]), (BLOK [https://seekingalpha.com/symbol/BLOK]), (CRPT [https://seekingalpha.com/symbol/CRPT]), and (IBLC [https://seekingalpha.com/symbol/IBLC]).

MORE ON BITCOIN

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* Cryptocurrencies: Bitcoin Reaches New Record High [https://seekingalpha.com/article/4828690-cryptocurrencies-bitcoin-reaches-new-record-high]
* 3 Reasons I See Bitcoin Moving Higher Still [https://seekingalpha.com/article/4828583-3-reasons-i-see-bitcoin-moving-higher-still]
* Crypto funds record inflows of $3.17 billion despite price correction - report [https://seekingalpha.com/news/4503661-crypto-funds-record-inflows-of-317-billion-despite-price-correction---report]
* Crypto markets rebound as Trump, Vance signal openness to China trade deal [https://seekingalpha.com/news/4503502-crypto-markets-rebound-as-trump-vance-signal-openness-to-china-trade-deal]