** Shares of companies involved in cryptocurrency and blockchain see a drop during premarket as bitcoin prices decline.
** “The excitement around crypto is deeply connected to the overall sentiment among investors, so when that excitement wanes, there are no safe havens, causing coins and tokens to fall simultaneously,” explains Susannah Streeter, head of money and markets at Hargreaves Lansdown.
** Market sentiment was negatively impacted after President Donald Trump announced on Thursday that 25% tariffs on imports from Canada and Mexico will be enforced starting March 4.
** He also noted that products from China will incur an additional 10% tariff.
** Bitcoin BTCUSD, the largest cryptocurrency by market cap, experienced a 4.8% drop to $80,271, marking a decline of over 26% from its peak of $109,071.89 reached over a month ago.
** Ether (ETH=) decreased by 6.2% to $2139.2.
** Crypto exchange Coinbase Global 
COIN saw a 2.4% decline, while Blockchain farm operator Bitfarms 
BITF fell by 1.8%.
** Crypto miners experienced losses as Riot Platforms 
RIOT, MARA Holdings 
MARA, Hut 8 
HUT, and Bit Digital 
BTBT all dropped by more than 3%.
** Strategy 
MSTR, the largest corporate bitcoin holder previously known as MicroStrategy, fell by 2.5%.
** ProShares Bitcoin Strategy ETF 
BITO declined 3.8%, while iShares Bitcoin Trust ETF 
IBIT dropped 3.9%.
