Robinhood, Coinbase lead crypto stock rout as Trump rejects Iran plan

Crypto-related stocks plummeted amid escalating tensions between Iran and the U.S., with Robinhood and Coinbase experiencing significant declines. President Trump rejected Iran's proposal to end the naval blockade and open the Strait of Hormuz, leading to a surge in oil prices. The U.S. stock market saw modest losses, and the Federal Reserve meeting results and major tech earnings will be closely watched.