【Blockchain Rhythm】U.S. stocks closed Thursday with a mixed pattern: the Dow Jones Industrial Average rose slightly by 0.6%, while the S&P 500 and Nasdaq also saw modest gains, up 0.26% and 0.25% respectively.
However, the performance of the crypto sector was notably weaker. Circle (CRCL) led the decline, dropping 9.67%, followed closely by Robinhood (HOOD), which fell 7.79%. As a leading compliant platform, Coinbase (COIN) also faced downward pressure, declining 6.48%. Other related stocks also came under pressure—Bitmine (BMNR) fell 5.48%, and Strategy (MSTR) dropped 4.7%.
From the sector performance perspective, crypto-related publicly traded companies generally weakened, contrasting sharply with the slight upward movement of the broader market. This divergence reflects market caution regarding the short-term outlook of crypto asset-related enterprises.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
11 Likes
Reward
11
6
Repost
Share
Comment
0/400
TommyTeacher
· 01-16 02:08
The market is rising while the crypto sector is falling, this rhythm is really incredible
---
Here we go again, the market is gently rising while the entire crypto sector crashes, hilarious
---
Circle drops 9.67%? Is this clearing out positions?
---
Even Coinbase can't hold up? Where's the supposed top-tier compliance?
---
Why does it feel like the crypto sector is becoming more and more marginalized?
---
As expected, the best time to buy the dip is when the market is rising
---
Would you still dare to chase this buy-in point? I really don't dare to make a move anymore
---
The divergence is so obvious, are institutions dumping their holdings?
---
Cautious about short-term prospects? Basically, they’re not optimistic
---
Robinhood drops 7.79%, retail investors are losing money again
View OriginalReply0
BearMarketHustler
· 01-16 01:58
Circle is down again... The overall market is up this time, but crypto is all bleeding, it's really unbelievable.
Can't even hold Coinbase? If the top players are like this, how can others survive?
The market rises by a fraction of a percent and everyone opens champagne, but when the coins drop seven or eight points, everyone panics... such different treatment.
Didn't dare to clear out during the last sell-off, now I regret it to death.
Is this another shakeout this time? Or is it really going to cool off...
CRCL has dropped nearly ten points, who the hell still dares to buy the dip?
Good outlook, but my wallet is truly gone.
View OriginalReply0
BearMarketMonk
· 01-16 01:55
The market rises slightly while small cryptocurrencies fall significantly—that's called a cycle. Another round of the leek harvest season has begun.
View OriginalReply0
RugResistant
· 01-16 01:50
circle down nearly 10%? analyzed the chart movements... red flags detected on volume patterns ngl. whole crypto sector getting dumped while indices hold steady, classic divergence play. DYOR but institutional flow looks sus rn
Reply0
RektRecorder
· 01-16 01:49
Once again, it’s dropping, CRCL this time directly over 9... my mindset is collapsing
---
The market is up, crypto is down, when will this pattern finally reverse?
---
If Coinbase can't hold, what does that mean? The market still isn't optimistic
---
I just want to know when this wave will stop falling... Can MSTR still hold up?
---
Damn, I got cut again. Why did Circle drop so hard? Truly unbelievable
---
Regulation can't save it either, it seems funds are still on the sidelines
---
This collective decline, bottom signal? Or does it still need to fall further...
View OriginalReply0
notSatoshi1971
· 01-16 01:38
The market is up, crypto is down, this rhythm... Circle drops over 10% directly, outrageous
Here we go again, is the market just playing us like this
Can't even hold Coinbase? Even compliant platforms are not enough
Is this a sell-off or are we truly bearish
Feels like a new opportunity is emerging or the pit is getting deeper
U.S. stocks closed higher on Thursday, but the crypto sector generally pulled back—several stocks like Circle, Coinbase, and others declined.
【Blockchain Rhythm】U.S. stocks closed Thursday with a mixed pattern: the Dow Jones Industrial Average rose slightly by 0.6%, while the S&P 500 and Nasdaq also saw modest gains, up 0.26% and 0.25% respectively.
However, the performance of the crypto sector was notably weaker. Circle (CRCL) led the decline, dropping 9.67%, followed closely by Robinhood (HOOD), which fell 7.79%. As a leading compliant platform, Coinbase (COIN) also faced downward pressure, declining 6.48%. Other related stocks also came under pressure—Bitmine (BMNR) fell 5.48%, and Strategy (MSTR) dropped 4.7%.
From the sector performance perspective, crypto-related publicly traded companies generally weakened, contrasting sharply with the slight upward movement of the broader market. This divergence reflects market caution regarding the short-term outlook of crypto asset-related enterprises.