Pre-market on December 12th in the US stock market: Cryptocurrency concept stocks fluctuate, Coinbase leads the gains

【Blockchain Rhythm】On December 12th morning trading, the US stock and crypto sectors showed divergence.

From today’s market performance, Ethereum-related data asset companies performed variably. Starting with the declines: Microstrategy(MSTR) fell by 0.26%, Circle(CRCL) slightly declined by 0.2%, MARA Holdings(MARA) dropped by 0.18%, and Riot Platforms(RIOT) also slightly decreased by 0.08%.

On the other hand, there was a bright spot—Coinbase(COIN) rose against the trend by 0.36%, indicating that the market still has confidence in leading compliant platforms. Even more noteworthy are the performances of small-cap stocks: BitMine Immersion(BMNR) increased by 1.09%, and SharpLink Gaming(SBET) was not far behind, rising by 0.95%.

Overall, although there is divergence within the sector, the number of rising stocks and their gains are quite decent. This market characteristic is still common among crypto-related listed companies, reflecting the market’s selective pricing of different tracks. Investors paying attention to these concept stocks should keep an eye on the movements of leading companies and dark horses in niche fields.

View Original
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.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
Web3ExplorerLinvip
· 8h ago
hypothesis: coinbase doing the heavy lifting while the miners bleed out... fascinating how compliance becomes the oracle in this market downturn, innit? 🤔 bridging the gap between institutional trust and decentralized chaos, technically speaking
Reply0
LiquidationWatchervip
· 11h ago
Coinbase alone holds the entire market, while others are all falling... That's the power of compliance.
View OriginalReply0
MEVSandwichMakervip
· 11h ago
Coinbase's recent surge is decent, but I really haven't heard of these small-cap stocks... BMNR just up 1.09% and you're excited? This is probably just a trap to attract buyers.
View OriginalReply0
SchrodingerWalletvip
· 11h ago
Coinbase leads the rise again, showing that institutions still recognize top platforms. The small investors are still being cut.
View OriginalReply0
LiquidatedAgainvip
· 11h ago
COIN has gone up again? The compliant platforms really resist declines, unlike my positions... Those small-cap stocks look good with their gains, but in my mind, I'm calculating the liquidation price. If only I knew earlier, a thousand gold couldn't buy this foresight.
View OriginalReply0
SignatureVerifiervip
· 11h ago
nah tbh coinbase pumping while mstr tanks is sus... like, technically speaking, this "market confidence" narrative needs way more validation. those micromoves on miners? statistically improbable without some underlying shift nobody's talking about yet. gotta dig deeper on this one, trust but verify fr
Reply0
LiquidationTherapistvip
· 11h ago
Coinbase is acting all high and mighty again. You dare to show off with this small increase? Let's wait for it to drop again before talking.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)