On August 23, the U.S. stock market saw a significant rise. According to the latest market data, the Dow Jones Industrial Average increased by 1.89%, the S&P 500 index rose by 1.52%, and the Nasdaq Composite Index climbed by 1.88%.

In this round of increase, cryptocurrency-related stocks have performed particularly well. Among them, Coinbase's stock rose by 6.52%, with a trading volume of 4.126 billion dollars. MicroStrategy's stock also showed impressive performance, rising by 6.09%, with a trading volume reaching 6.142 billion dollars.

It is worth noting that stocks of some smaller-scale cryptocurrency-related companies have seen more significant increases. For example, Bitmine's stock surged by 12.07%, with a trading volume of $4.407 billion. BTCS's stock rose by 11.83%, although its trading volume was relatively small at $25.8933 million.

In addition, stocks of companies such as SharpLink Gaming and BNB Network Company also saw double-digit increases, rising by 15.69% and 18.73% respectively. ALT5 Sigma's stock had the most significant increase, reaching 19.13%.

This round of broad market gains reflects a recovery in investor confidence in the cryptocurrency industry. However, market observers remind that cryptocurrency-related stocks tend to be highly volatile, and investors should carefully assess the risks.

Overall, the recent rise in the US stock market coupled with the strong performance of cryptocurrency-related stocks has injected a boost into the entire financial market. However, how the future trend will develop still requires continuous attention to the global economic situation and changes in policies of various countries.