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US stocks open with mixed performance in crypto-related stocks, with several individual stocks experiencing significant declines
【Blockchain Rhythm】On January 12th, U.S. stocks opened lower, with the overall market under pressure. The Dow Jones Industrial Average fell by 300 points, the S&P 500 index declined by 0.4%, and the Nasdaq dropped by 0.39%. Against this market backdrop, cryptocurrency-related concept stocks showed a clear divergence.
In terms of gains, Coinbase (COIN) rose slightly by 0.13%, Bullish (BLSH) increased more significantly by 0.73%, and Bit Digital (BTDT) recorded a 1.6% rise, showing relative resilience.
In terms of declines, the pressure was greater. Circle (CRCL) fell by 3.02%, Gemini (GEMI) dropped by 2.55%, and American Bitcoin (ABTC) declined by 2.73%. Additionally, Strategy (MSTR) decreased by 0.25%, Bitmine (BMNR) by 0.23%, ETHZilla (ETHZ) by 1.46%, BTCS Inc (BTCS) by 0.35%, ALT5 Sigma (ALTS) by 0.62%, and Kindly MD (NAKA) by 0.28%.
Overall, under the pressure of market adjustment, cryptocurrency concept stocks showed a divergent trend, with some stocks experiencing more significant declines. Investors should closely monitor subsequent market developments.