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U.S. stocks open, cryptocurrency-related stocks generally rise

U.S. stocks open, cryptocurrency-related stocks generally rise

2024/03/11 13:36

U.S. stocks opened lower, with the three major stock indexes opening lower, with the Dow Jones Industrial Average opening down 0.14%, the SP 500 Index opening down 0.28%, and the Nasdaq Composite Index opening down 0.16%. Bitcoin exceeded $72,000, and cryptocurrency-related stocks generally rose. Coinbase (COIN.O) rose 5.1%, MicroStrategy (MSTR.O) rose 7.3%, and Marathon Digital (MARA.O) rose 5%.

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Data: In the past 24 hours, total liquidations across the network reached $543 million, with long positions liquidated for $385 million and short positions for $158 million.

US bank stocks are nearing key support levels, potentially signaling a warning for the broader stock market

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