On July 24th, US equity markets closed higher, with the Dow Jones Industrial Average advancing 1.1%, the S&P 500 increasing 0.78%, and the Nasdaq Composite gaining 0.6%. Within the crypto-related sector, stock performance was varied. Tesla’s shares edged up 0.14% during regular trading but declined 4.42% in after-hours trading, reflecting investor concerns following its Q2 2025 revenue report of $22.496 billion, down from $25.5 billion year-over-year. CEO Elon Musk highlighted potential near-term challenges due to the expiration of US subsidies.
Among crypto-focused equities, Bitmine Immersion (BMNR) experienced a 2.06% drop on a trading volume of $886 million, while SharpLink Gaming (SBET) declined 5.8% with $938 million in turnover. Conversely, Bit Digital (BTBT) posted a 2.75% gain on $99.8 million volume, and Circle saw a 2.07% increase with $2.06 billion traded. Coinbase shares fell 1.6% amid $4.896 billion in volume, and MicroStrategy declined 3.22% with $5.369 billion in trading activity, underscoring mixed investor sentiment in crypto equities.