US-listed crypto stocks retreat following Trump-fueled spike
By Niket Nishant (Reuters) – Shares of New York-listed crypto firms fell on Monday as bitcoin dipped after breaching the $70,000-mark for the first time since mid-June. The sell-off erased gains from earlier in the session, when optimism fueled by Republican presidential candidate Donald Trump’s pro-crypto speech lifted stocks. The volatile cryptocurrency has often seen pullbacks after reaching key milestones as investors book profits. The industry, however, cheered Trump’s promise of friendlier regulation. “Any ‘Trump … Read more…