Crypto stocks are currently experiencing a plummet despite signs of easing geopolitical tensions. Companies like Strategy (MSTR), Coinbase (COIN), and Robinhood (HOOD) see declines as investors remain wary of a possible Fed rate hike and broader market uncertainty.
Crypto Stocks Plunge Today
Major crypto stocks like MSTR, COIN, and HOOD are reportedly on a downward trend today. Even as the geopolitical tensions tend to ease, these shares plummet due to the lack of strong momentum in the crypto market.
For example, the Strategy crypto stock is currently under pressure, with the price closing at $135.6 on March 20. This marks a notable drop of 1.85% in a day. However, in the after-trading hours, MSTR surged by a minimal 0.73%, reaching $136.65.
MSTR Crypto Stock Price; Source: Yahoo FinanceThe MSTR stock has been on a losing streak, marking its third straight day of declines and hovering near the lower end of its recent range. Over the past five days, the shares have declined by about 2.8%.
Coinbase crypto stock also moved lower, closing at $197.50 on March 20, down 2.67%. Despite posting a strong monthly gain of over 15%, the COIN stock price is still down around 12% so far this year. Over the past five days, the shares are down by above 1%.
COIN Crypto Stock Price; Source: Yahoo FinanceAt the same time, Robinhood stock has dropped by 4% during the last day of trading. The stock decreased to $70.89 on March 20 after experiencing this notable decline. The stock has experienced a difficult beginning to 2026 because it has already lost almost one-third of its value during the year.
The stock price currently stands higher than its annual minimum value, while it is still far from reaching its maximum value, which occurred in late 2025. The stock price drop occurred as trading volume declined and investors expressed rising anxiety about the company’s market value.
Why MSTR, COIN, HOOD Stocks Are Down
The current plummet in the MSTR, COIN, and HOOD crypto stock prices is particularly concerning as it happens amid the broader positive sentiment. As Trump has hinted that the US may be reducing its military actions against Iran, the crypto market is rebounding.
“We are getting very close to meeting our objectives as we consider winding down our great Military efforts in the Middle East with respect to the Terrorist Regime of Iran.”
Despite this major development, the crypto stocks are still facing increased pressure. Over the past few days, crypto-related stocks have been down, especially amid Bitcoin’s increased volatility.
The main reason for this slowdown is the rising odds of a potential Fed rate hike. While the Federal Reserve has held its interest rates unchanged after the latest FOMC meeting, the market is expecting hikes this year. CoinGape reported that the Bank of America has warned about a possible Fed rate hike amid rising oil prices.
Supporting this view, The Kobeissi Letter shared a post, highlighting 50% chances for an increase in interest rates. While the market previously expected four rate cuts this year, the US-Iran war and inflation hikes have changed the situation.
In addition, the 10-year Treasury yield has risen by about 40 basis points since the Iran conflict began. This has driven mortgage rates to new highs in 2026. Also, the European Central Bank is expected to deliver two rate hikes this year, signaling tighter financial conditions globally.
Further, the commentator stated that if oil prices continue to surge, US CPI inflation could climb to around 3.3%. This sudden shift has brought back the “higher for longer” interest rate narrative, which is weighing on risk assets and keeping pressure on crypto stocks like MSTR, COIN, and HOOD.
Source: https://coingape.com/mstr-coin-hood-stock-prices-crash-as-fed-rate-hike-odds-climb-to-50-in-2026/


