US Crypto Stocks Open Lower, MSTR and BMNR Drop Over 6%
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BlockBeats News, February 2nd, according to Bitget market data, at the opening of the US stock market, the Dow Jones fell by 0.1%, the S&P 500 index fell by 0.32%, and the Nasdaq fell by 0.39%. Cryptocurrency stocks fell across the board, including:
Coinbase (COIN) fell by 3.16%
Circle (CRCL) fell by 5.11%
MicroStrategy (MSTR) fell by 6.07%
Bullish (BLSH) fell by 1.99%
Gemini (GEMI) fell by 1.92%
Bit Digital (BTBT) fell by 6.14%
SharpLink Gaming (SBET) fell by 7.88%
Bit Digital (BTBT) fell by 2.22%
ETHZilla (ETHZ) fell by 6.29%
BTCS Inc (BTCS) fell by 4.46%
ALT5 Sigma (ALTS) fell by 5.48%
American Bitcoin (ABTC) fell by 2.65%
Kindly MD (NAKA) fell by 7.54%
-- 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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