Crypto-related stocks closed higher on Monday even as the three major U.S. stock indexes finished in the red, according to market data from BIT (bit.com) cited by BlockBeats on Sept. 15. The Dow Jones Industrial Average fell 0.29%, the S&P 500 dropped 0.48%, and the Nasdaq declined 0.56% at the close.
Against that backdrop, a group of crypto concept stocks moved higher. Coinbase Global (COIN) posted the largest gain among the names listed, rising 9.24%. Gemini (GEMI) climbed 7.85%, while Circle (CRCL) added 7.57%. Bullish (BLSH) also advanced 6.98%.
Other stocks in the sector recorded smaller but still positive moves. Strategy (MSTR) rose 4.56%, American Bitcoin (ABTC) gained 3.97%, SharpLink (SBET) increased 3.04%, and BitMine (BMNR) was up 2.90%. The session left crypto-linked equities outperforming the broader market on the day.
Crypto-related stocks closed higher on Monday even as the three major U.S. stock indexes ended the session lower, according to BIT (bit.com) market data cited by BlockBeats on Sept. 15.
At the close, the Dow Jones Industrial Average fell 0.29%, the S&P 500 dropped 0.48%, and the Nasdaq lost 0.56%.
Crypto stocks outperformed the broader market
In contrast with the broader market, crypto-linked names moved up across the board. Coinbase (COIN) rose 9.24%, Gemini (GEMI) gained 7.85%, Circle (CRCL) added 7.57%, and Bullish (BLSH) climbed 6.98%.
Other advances included Strategy (MSTR), up 4.56%, American Bitcoin (ABTC), up 3.97%, SharpLink (SBET), up 3.04%, and BitMine (BMNR), up 2.90%.
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