As US stocks open lower, crypto concept stocks are defying the trend and rising—multiple Bitcoin-related assets are collectively strengthening.

【Blockchain Rhythm】On December 16th, the US stock market opened with the overall market showing a sluggish trend. The three major stock indices all declined, with the Dow Jones Industrial Average barely falling by 0.02%; the S&P 500 index declined slightly by 0.13%; and the Nasdaq Composite was under the most pressure, dropping by 0.19%.

Interestingly, against the backdrop of the overall sluggish stock market, US-listed crypto concept stocks showed a strong performance by rising counter to the trend. These Bitcoin-related assets and blockchain ecosystem companies became highlights in the market.

Specifically, the most notable performer was Circle(CRCL), which increased by 5.1%, making it a standout. Strategy(MSTR) also did not want to be outdone, rising by 2.5%. MARA Holdings(MARA) followed closely, up by 2.4%. Coinbase(COIN), as a compliant platform representing US stocks, saw a moderate increase of 1.7%.

Additionally, Riot Platforms(RIOT) rose by 0.04%; BitMine Immersion(BMNR) increased by 0.7%; SharpLink Gaming(SBET) increased by 0.68%. Although these individual stocks did not see large gains, they still maintained an upward trend.

This wave of market activity reflects investors’ continued optimism towards the crypto asset-related industry. Amid macroeconomic fluctuations, capital has become more cautious in asset selection, but the ability of crypto concept stocks to rise against the trend is enough to demonstrate that market confidence in this sector has not waned.