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US crypto stocks slip as bitcoin hits new 2025 low

(Reuters) -U.S.-listed shares of crypto companies tumbled 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% to hit its lowest in 2025. The pair have surrendered most of their gains since Donald Trump's victory in November, reflecting the challenges the industry is facing months after it rallied on the president's promise to make the U.S. "the crypto capital of the planet".