2025-12-26 12:25:06

US stocks' early trading session shows a mixed performance among crypto-related stocks, but overall they still follow Bitcoin's rhythm.

The most eye-catching is MicroStrategy (MSTR), whose stock price rose by 1.01% to approximately $160.97. Although the company recently paused its Bitcoin purchase plans and is instead holding cash, as the world's largest corporate BTC holder, its correlation with Bitcoin remains strong, and its stock price naturally moves closely with BTC.

On the other hand, Coinbase and Robinhood performed rather modestly—up 0.23% and 0.17% respectively. Trading volume during the holiday period was already sparse, so volatility was naturally suppressed.

However, the stablecoin leader Circle (CRCL) couldn't hold up and fell by 0.45%. The market is worried that if the Federal Reserve continues to cut interest rates, the interest income these stablecoins earn from reserves will be further eroded. Plus, this stock has already fallen significantly from its peak after listing, indicating that investor sentiment is somewhat loosening.

BTC-0,18%

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FlatlineTrader

· 7h ago

MSTR is at it again, hoarding cash and still going up? That's just ridiculous

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SquidTeacher

· 8h ago

MSTR's recent cash hoarding is really bold. Not buying BTC might actually be more resilient in a downturn? Circle is heading for a tough time. With interest rate cuts, the interest disappears, who still uses stablecoins? Coinbase and Robinhood's gains are so minimal; holiday trading really is a sleep market. If the Federal Reserve cuts interest rates again, I'll just leave the circle. With zero interest, how do we play? MSTR pausing crypto purchases actually makes life easier. This logic is quite interesting. Is the era of stablecoin interest about to end? What should I do with my USDC then? Holiday trading volume is so sparse. Let's wait for the rebound. Circle has broken through the psychological barrier. From the high point to now, it's a bloodbath. The entire crypto concept stocks are dancing with BTC. Honestly, there’s no independent trend. The Fed's rate cut is killing stablecoins; this chain reaction is truly remarkable.

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SillyWhale

· 8h ago

MSTR this wave still relies on BTC to make a living, stopping purchases might actually stabilize it? That's interesting. Circle really can't hold on anymore; their interest has been completely drained. Transactions are so sparse during holidays, all indicators are probably invalid now. Why are Coinbase and Hood so calm? This is unscientific. The stablecoin sector is really competitive; it seems we also need to rely on interest rate cuts to save it. What is MSTR hoarding cash for? With such low trading volume, who dares to move? The Federal Reserve's move indeed has a strong impact; stablecoins are the first to be affected.

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RadioShackKnight

· 8h ago

MSTR this wave is interesting. Pausing Bitcoin purchases has made the situation with BTC even more tense, which is ridiculous. Circle simply can't hold up... The expectation of interest rate cuts is really a knife for stablecoins. No one is trading during the holidays. Let's wait for the opening to see the real situation.

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