U.S. stocks kick off the year with active trading; blockchain concept stocks collectively strengthen

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【ChainNews】On the first trading day of the new year, the US stock market opened with mixed gains and losses. The Dow Jones Industrial Average rose slightly by 0.18%, the S&P 500 index performed even better with a 0.54% increase, and the Nasdaq Composite, which saw a collective rise in tech stocks, surged more than 1%.

Notably, publicly traded companies related to blockchain and crypto assets performed remarkably. Among them, BitMine led the gains with a single-day increase of 3.03%; Circle followed closely with a 1.98% rise; Coinbase also recorded a 1.92% increase; Strategy rose by 1.11%. This wave of gains reflects the market’s continued optimism towards the crypto asset sector and also highlights the growing attention of traditional financial markets to the Web3 concept.

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GoldDiggerDuckvip
· 5h ago
Damn, BitMine has already risen 3%. Is this really taking off? Coinbase's move to follow suit is pretty good, just worried it might crash again later. First day of the new year like this, feels like crypto has a chance this year. Traditional finance is starting to take Web3 seriously, the times really have changed. When the market is good, everyone is a winner, just see how long they can hold. BitMine and Circle are both soaring, it really feels like market sentiment has warmed up. This buying frenzy... wow, could it be the New Year red envelope market? Starting the year with a gain, but don’t get too excited too early; chasing highs is risky. Nasdaq broke 1%, and blockchain projects are still rising, indicating that funds are still enthusiastic. Hey, is this a real rebound or just another wave of retail harvesting?
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DataBartendervip
· 5h ago
Oh, Coinbase only increased by 1.92%? It doesn't seem as impressive as I imagined.
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BlockImpostervip
· 5h ago
Wow, starting the year so aggressively. Coinbase's numbers look comfortable. BitMine directly rose by 3 points; anyone would be envious. Wait, is this really traditional finance getting serious this time, or is it just the beginning of another wave of cutting leeks? Honestly, it's a bit hard to see through. Circle is rising more actively than CB. Interesting. New year, new atmosphere, but we all need to hold our breath. Coinbase only rose by 1.92%? I thought it would be more crazy. Is this really a breakthrough or a rebound? That depends on how it develops later. Traditional finance is "gradually paying attention," sounds quite cautious. A collective rally, and that's it. I'm just waiting for the next hot spot. How are these projects? Has anyone studied their fundamentals? Finally, the moment has come. What was said before about Web3 being ignored, now no one is saying anything.
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digital_archaeologistvip
· 5h ago
Starting the year so aggressively, blockchain concept stocks really can't hold up anymore Coinbase's increase is okay, but BitMine jumped directly by 3%... feels like this year we need to pay close attention to these targets Is traditional finance finally taking Web3 seriously? Or is this just another wave of cutting leeks?
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DevChivevip
· 5h ago
Wow, BitMine just took off by 3 points, this is the start we wanted. Coinbase is still dozing off, why has it only risen less than 2%? New year, new atmosphere. It seems institutions are really starting to take Web3 seriously. Such a strong start to the year, let's wait and see what new tricks they come up with next. This wave of increase feels a bit fake, better not rush to buy in just yet.
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