According to recent market analysis from COINOTAG on May 13, cryptocurrency equities have demonstrated a positive trend in pre-market trading within the US, contrasting sharply with a decline in major technology stocks. Notably, Coinbase (COIN) experienced an impressive surge of 9.76%, attributed to its imminent inclusion in the S&P 500 index, marking a milestone as the first dedicated cryptocurrency firm in this prestigious index. Other notable performers in the cryptocurrency sector include MicroStrategy (MSTR), which saw a modest increase of 1.19%, along with MARA Holdings (MARA), Riot Platforms (RIOT), and Hut 8 Corp. (HUT), rising by 1%, 0.23%, and 0.26% respectively. In stark contrast, leading US technology stocks such as Tesla (TSLA), Microsoft (MSFT), and Apple (AAPL) faced declines of 1.2%, 0.5%, and 0.58% correspondingly. This divergence highlights a growing investor sentiment favoring cryptocurrencies amidst a turbulent tech landscape.
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