US Crypto Stocks Open Higher, COIN Up 5.6%, ABTC Up 8.43%
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BlockBeats News, January 5th, according to market data, at the opening of the US stock market, the Dow rose by 0.19%, the S&P 500 rose by 0.48%, and the Nasdaq rose by 0.93%. Cryptocurrency-related stocks rose across the board, including:
Coinbase (COIN) rose by 5.6%
Circle (CRCL) rose by 2.78%
MicroStrategy (MSTR) rose by 4.35%
Bullish (BLSH) rose by 3.92%
Gemini (GEMI) rose by 6.47%
Bit Digital (BTBT) rose by 4.46%
SharpLink Gaming (SBET) rose by 3.41%
Bit Digital (BTBT) rose by 5.15%
ETHZilla (ETHZ) rose by 1.76%
BTCS Inc (BTCS) rose by 3.83%
ALT5 Sigma (ALTS) rose by 10.33%
American Bitcoin (ABTC) rose by 8.43%
Kindly MD (NAKA) rose by 6.59%
-- Price
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Expanded U.S. Treasury long-bond buybacks helped pull yields lower and supported a modest rebound in risk appetite, with the major indexes closing slightly higher. At the same time, Bitcoin briefly rose above $70,000 and lifted crypto-linked equities, while positive Phase 3 vaccine data from Merck and Moderna pushed healthcare and biotech stocks higher. SK Hynix’s large-scale buyback also kept attention on the storage cycle and AI-related demand. Markets are continuing to digest the relatively hawkish Fed minutes while positioning ahead of earnings from Alibaba and Walmart.
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