2026-01-07 01:24:26

On January 7th, the US stock market continued its strong momentum, with the three major indices generally closing higher and reaching new highs. According to Bitget TradFi data, the Dow Jones initially rose by 0.99%, the S&P 500 increased by 0.6%, both hitting record highs, and the Nasdaq also gained 0.65%.

However, in this rally, the performance of cryptocurrency-related listed companies showed a divided trend. Companies like Coinbase, Strategy, Bullish, BitMine, Bit Digital, and ETHZilla saw their stock prices decline, with Strategy experiencing the largest drop of 4.1%. Conversely, Circle, Gemini, SharpLink Gaming, and BTCS Inc rose against the trend, with Gemini's increase being the most notable at 5.94% at close.

What is even more noteworthy is the impact of after-hours news. MSCI announced after the close that it would not remove the related DAT companies from the index for now, which immediately triggered market reactions. Strategy surged by 7.17% after hours, BitMine increased by 2.10%, and SharpLink Gaming rose by 1.59%, reflecting investors' focus on index stability.

This wave of market activity shows that macro policies and index adjustments still have a significant impact on crypto concept stocks. Although short-term volatility is inevitable, in the long run, the new highs in the US stock market and policy stability provide some support for the future performance of this sector.

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TheShibaWhisperer

· 01-09 21:58

Haha, what is Strategy playing at? It dropped and then rose again, and the increase is even more than in the early session. The contrast is too big.

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MoonlightGamer

· 01-09 03:33

This move is so dramatic, dropping 4.1 during the session and then rising 7.17 after hours. The reversal is incredible... MSCI has really steadied the morale.

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StablecoinArbitrageur

· 01-08 20:57

actually, the intraday volatility here is just *chef's kiss* – strategy down 4.1% then up 7.17% post-MSCI? that's a textbook case of index inclusion arbitrage inefficiency. the real trade was catching that dislocation in the after-hours spread, not chasing the narrative.

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EthMaximalist

· 01-07 01:54

The strategy gained 7 points after this wave of consolidation. It had dropped so sharply before, I feel like it was unfairly blamed haha

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TokenomicsPolice

· 01-07 01:54

This price difference almost bankrupted me with the strategy, and it rebounded by 7 points right after hours? What kind of crazy operation is this? As soon as the index stabilizes, everything picks up. Interesting.

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CoffeeOnChain

· 01-07 01:53

The contrast in this wave of Strategy is really outrageous. It dropped 4.1 during the session, then turned around and rose 7.17 after the market closed. Just one sentence from MSCI and the market is excited. Is that all?

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GasBandit

· 01-07 01:41

Coinbase suddenly plummeted, and I knew something was wrong. Strategy, this guy is really annoying.

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MidnightSeller

· 01-07 01:40

Market trend indicator turned really fast, just after the Strategy market dropped, it rose back again. This MSCI decision really came at the right time.

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