US Stock Market Opens Lower, Crypto-Related Stocks Buck the Trend with Overall Gain, Circle Soars by 7.8%

BlockBeats News, December 16th, according to market data, the U.S. stock market opened lower, with the three major indices opening as follows: the Dow fell 0.02%, the S&P 500 Index fell 0.13%, and the Nasdaq fell 0.19%. U.S. stocks related to cryptocurrency concepts rose against the trend, including:

Circle (CRCL) surged 7.8%. Visa announced today that it will allow U.S. institutions to settle transactions using USDC on the Solana blockchain;

MicroStrategy (MSTR) rose 2.5%. Earlier on the 13th, it was reported that MicroStrategy will continue to remain in the Nasdaq 100 Index, extending its status as a component stock in the index for a year.

Coinbase (COIN) rose 1.7%;

MARA Holdings (MARA) rose 2.4%;

Riot Blockchain (RIOT) rose 0.04%;

BitMine Immersion (BMNR) rose 0.7%;

SharpLink Gaming (SBET) rose 0.68%.