US stocks fluctuate while crypto-related stocks rise against the trend, with several listed companies leading the gains

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【Blockchain Rhythm】On January 17, U.S. stock market closing data shows that the three major indices all declined. The Dow Jones Industrial Average fell 0.17%, with a weekly decline of 0.29%; the S&P 500 index dropped 0.06%, with a weekly decline of 0.38%; the Nasdaq declined 0.06%, with a weekly decline of 0.66%. Overall, the market showed a weak trend.

However, during this window period, the performance of cryptocurrency concept stocks was exceptionally eye-catching. Driven by a rebound in Bitcoin, related listed companies generally experienced an upward trend, even becoming highlights in the U.S. stock market.

Mainstream Crypto Platform Stocks Lead

Listed companies in the cryptocurrency trading and payment sectors saw significant gains. Among them, a compliant payment platform (CRCL) surged 2.62%, while another well-known compliant trading platform (COIN) also recorded a 0.78% increase. These two companies, serving as bridges between traditional finance and Web3, often reflect market risk appetite through their stock fluctuations.

Bitcoin-Related Companies All Strengthen

MSTR led the Bitcoin holding companies with a 1.64% increase. Meanwhile, emerging listed companies like BLSH and GEMI performed even more prominently, with GEMI rising 4.59% and BLSH up 3.47%. A company focused on Web3 financial infrastructure, FIGR, performed the strongest, with a single-day increase of 13.78%, becoming the market focus.

Mining and Blockchain Hardware Stocks Also Noteworthy

Among mining-related companies, BMNR, BTBT, and BTCS saw slight increases, with gains ranging from 0.94% to 2.6%. Gaming and NFT concept stocks also attracted attention, with SBET and ETHZ rising 5.36% and 3.14%, respectively.

A Few Stocks Move Against the Trend

ALTS had the largest single-day increase of 7.02%. However, some companies failed to keep pace, with NAKA down 5.56% and ABTC down 2.38%, indicating market divergence in valuation perceptions of different crypto concept stocks.

BTC0,68%
NAKA21,37%
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NFTArchaeologisvip
· 16h ago
Interesting contrast... When the market is sluggish, it's actually the moments when these chain bridges come into effect, just like how the breakthrough for real applications emerged after the internet bubble burst in the early years. Positions like COIN and CRCL are indeed worth continuous observation.
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BrokenDAOvip
· 16h ago
Here we go again with the "counter-cyclical broad rally" topic... Basically, risk assets are engaging in emotional trading, and their true nature will be exposed once liquidity tightens again. The stock of exchanges like COIN is essentially betting on regulatory windows; don't be fooled by a few percentage points of increase.
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just_here_for_vibesvip
· 16h ago
The market drops, they rise, this is the magic of crypto haha --- Again with this kind of market condition, indeed the crypto world is a hedge tool for the US stock market --- COIN is showing off again, I should have entered earlier but I missed it --- Wait, is this really a window of opportunity or just a trap? Feels a bit fake --- Regulated platforms are emerging, indicating institutional involvement. I need to keep up --- US stocks are weak while crypto is strong, the tactics of cutting leeks are becoming more skilled --- CRCL 2.62% This surge is really outrageous, is there some insider information --- A bridge between traditional finance and Web3? Are we filming a movie here --- Bitcoin's rebound makes these stocks come alive, relying too much on it, huh --- Is it still possible to enter COIN now, everyone?
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PretendingToReadDocsvip
· 16h ago
U.S. stocks are all falling, but the concept stocks in the crypto circle are reversing against the trend. This is the alpha we want. --- CRCL COIN is both taking off. Why does it feel like this is the real safe-haven asset? --- Traditional finance is crashing hard, but crypto stocks are shining. Is it ironic? --- The window period is here, sisters. It's time to buy the dip again. --- As Bitcoin rebounds, these concept stocks come back to life. The correlation is indeed a bit absolute. --- The entire U.S. stock market is dead and dull, but the crypto world still has some heat, haha. --- COIN only rose 0.78%, just a small amount. I thought it could be more explosive.
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DecentralizedEldervip
· 16h ago
The market has plummeted, but crypto concept stocks are still happily bouncing around. The contrast is truly incredible.
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BrokeBeansvip
· 16h ago
The US stock market is all red, but our crypto stocks are soaring? The contrast is just too extreme haha --- COIN and CRCL are starting again. Every time BTC moves, these two seem to get a boost of adrenaline --- It's a window period, right? I just love seeing these contrarian trends, so satisfying --- Basically, it's because risk appetite has returned. Major institutions are starting to make moves again --- I really don't understand why crypto stocks rise when the US stock market falls. Is this what they call alpha? --- CRCL's 2.62% increase is quite interesting. Should I jump in and try? --- Wait, COIN only rose 0.78%? How bearish does that look? --- Every time I see news like this, I think of the collision between traditional finance and Web3—it's all about the money --- The entire US stock market is crying, but in our crypto sector, we're laughing. The world has changed --- Bridge companies are like this: when Bitcoin moves, everything moves. It's much stronger than following the Nasdaq
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