Crypto-Linked Stocks Outpace U.S. Indexes in Broadly Higher Session

Crypto-linked U.S. stocks posted gains of 4.07% to 7.64% in the latest session, outpacing modest advances in the Dow Jones Industrial Average, Nasdaq Composite and S&P 500.

SPCX led the six names, rising 7.64%. Strategy (MSTR) followed closely at 7.62%. BitMine (BMNR) gained 5.26%, and Circle (CRCL) advanced 4.53%. MARA and Coinbase (COIN) each rose 4.07%, the group’s smallest gain. SPCX and Strategy were the only two to advance more than 7%, while the other four stocks gained between 4.07% and 5.26%.

The three major U.S. benchmarks also closed higher. The Dow rose 0.42%, Nasdaq advanced 0.41% and the S&P 500 gained 0.22%. Each index’s advance was below half a percentage point, while every listed crypto-linked stock rose by more than 4%.

The stock gains ranged from nearly 10 times the Dow’s increase to more than 34 times the S&P 500’s rise. The comparison shows the six crypto-linked names had a stronger session than the broad market benchmarks, even as all three indexes ended higher.