Ethereum in Focus as Nasdaq Surpasses 24,000 with Crypto Stocks Mixed at Market Open

COINOTAG News, October 29, reported that the Nasdaq opened decisively higher and traded above the 24,000 level, signaling sustained bullish momentum in tech equities. In the crypto market update, crypto-related stocks showed a mixed backdrop as traders weigh liquidity trends and risk sentiment across the sector.

Within cryptocurrency equities, Circle (CRCL) slipped about 1.12%, Coinbase (COIN) inched up 0.1%, MicroStrategy (MSTR) fell 0.06%, MARA Holdings (MARA) gained 0.37%, and Riot Blockchain (RIOT) declined 0.65%. In ETH-treasury-linked names, Bitmine Immersion (BMNR) dropped 2.2%; SharpLink Gaming (SBET) shed 1.35%; Bit Digital (BTBT) rose 1.3%; BTCS Inc (BTCS) eased 0.03%.

Overall, the session underscores measured gains in blockchain-related equities amid liquidity improvements, with selective leadership anchored by name-specific catalysts rather than broad, crowd-driven advances. Investors should monitor regulatory updates and macro signals as part of ongoing crypto market coverage.