Ethereum Leads Crypto Stocks Higher at Market Open as Major Indices Rise; Coinbase Rises While Circle Slumps
ETH/USDT
$11,341,264,445.51
$2,157.00 / $2,050.12
Change: $106.88 (5.21%)
-0.0036%
Shorts pay
In early U.S. trading, major benchmarks advanced as risk sentiment supported the crypto market and related equities. The Dow Jones Industrial Average rose 0.28%, the Nasdaq climbed 0.41%, and the S&P 500 gained 0.32%, signaling broad participation as traders digest macro cues.
Among cryptocurrency equities, Circle (CRCL) slipped 5.8% despite a pre-market Q3 revenue print of $740 million, a 66% year-over-year increase.
Coinbase (COIN) advanced about 2%, with MicroStrategy (MSTR) up 0.8%. MARA rose roughly 1.6% and RIOT about 0.4%, reflecting tepid to modest gains across key crypto-linked names.
Smaller cap moves contributed to the session: Bitmine Immersion (BMNR) +3.2%, SharpLink Gaming (SBET) +3.7%, Bit Digital (BTBT) +1.4%, and BTCS Inc (BTCS) +4.1%.