On January 8th, U.S. stocks opened with a generally weak performance. The Dow Jones Industrial Average declined by 0.3%, the S&P 500 index slightly fell by 0.05%, and the Nasdaq index dropped by 0.12%.
Among publicly traded companies related to crypto assets, performance was mixed. A compliant platform (COIN) quoted at $244.90, down slightly by 0.42%. Bitcoin mining-related company BitMine Immersion (BMNR) fell significantly by 3.66% to $29.25. Retail trading platform Robinhood Markets (HOOD) decreased by 0.50% to $116.38.
Meanwhile, Strategy (MSTR) experienced the largest decline, dropping by 2.82% to $157.26, after reporting $158.66 before the market opened. Payment settlement service provider Circle (CRCL) fell by 1.92% to $79.04. Blockchain gaming platform SharpLink Gaming (SBET) declined by 2.47% to $9.89. Only CEA Industries (BNC) saw a slight increase of 0.09% to $5.51.
Overall, the U.S. tech sector was under pressure, and crypto-related concept stocks also retreated, with market risk sentiment warming up.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
24 Likes
Reward
24
7
Repost
Share
Comment
0/400
PensionDestroyer
· 23h ago
Down again and again... This time even MSTR couldn't hold on, it cracked me up.
View OriginalReply0
PriceOracleFairy
· 01-10 04:24
ngl the correlation between tech bleed and crypto selloff is basically textbook at this point... mstr dumping 2.82% while bmnr gets absolutely murdered tho, that's where it gets spicy. someone's definitely liquidating positions across the board fr fr
Reply0
DEXRobinHood
· 01-08 16:00
Another drop, another drop. I really can't understand this market.
MSTR took a pretty hard hit this time; I can't hold on anymore.
Mining is also suffering; the industry is really a bit sluggish.
The entire tech sector is losing confidence, and crypto hasn't escaped.
COIN only dropped 0.42%, which is still okay; why is it still red?
This decline is real; it's time to adjust the strategy.
With market sentiment so poor, can we still buy the dip, everyone?
Actually, I feel it's not that serious; it's only a small decimal point zero something decline.
View OriginalReply0
DisillusiionOracle
· 01-08 15:59
It's dropping again. No crypto sector can really hold up, and MSTR is still stubbornly resisting over there haha
View OriginalReply0
screenshot_gains
· 01-08 15:52
Here we go again. As soon as the US stock market softens, cryptocurrencies suffer the same fate. This pattern really never ends.
View OriginalReply0
0xSunnyDay
· 01-08 15:42
MSTR dropped again, really outrageous... I should have known better than to chase it.
View OriginalReply0
SigmaValidator
· 01-08 15:31
It's another such market situation, with the crypto sector plunging along with tech stocks.
MSTR drops the most sharply, indicating that large funds are also pulling out.
On January 8th, U.S. stocks opened with a generally weak performance. The Dow Jones Industrial Average declined by 0.3%, the S&P 500 index slightly fell by 0.05%, and the Nasdaq index dropped by 0.12%.
Among publicly traded companies related to crypto assets, performance was mixed. A compliant platform (COIN) quoted at $244.90, down slightly by 0.42%. Bitcoin mining-related company BitMine Immersion (BMNR) fell significantly by 3.66% to $29.25. Retail trading platform Robinhood Markets (HOOD) decreased by 0.50% to $116.38.
Meanwhile, Strategy (MSTR) experienced the largest decline, dropping by 2.82% to $157.26, after reporting $158.66 before the market opened. Payment settlement service provider Circle (CRCL) fell by 1.92% to $79.04. Blockchain gaming platform SharpLink Gaming (SBET) declined by 2.47% to $9.89. Only CEA Industries (BNC) saw a slight increase of 0.09% to $5.51.
Overall, the U.S. tech sector was under pressure, and crypto-related concept stocks also retreated, with market risk sentiment warming up.