【Chain News】December 20th, today the US stock market can be described as a technology dominated day. The three major indices each performed differently, with the Dow Jones Industrial Average rising slightly by 0.38%, but the weekly loss was somewhat awkward, totaling a decline of 0.67%. The Nasdaq, on the other hand, was strong, with a single-day increase of 1.31% and a weekly gain of an impressive 0.48%. The S&P 500 was in between, with a gain of 0.88% and a weekly increase of 0.1%.
Tech giants all performed strongly today. Oracle led the way with a rise of over 6%, Nvidia followed closely with an increase of nearly 4%, Broadcom was not to be outdone, rising over 3%, and Google saw a slight increase of over 1%. The performance of these tech leaders undoubtedly gave the market a boost.
What is even more noteworthy is the performance of blockchain concept stocks. Twenty One Capital (XXI) led the gains with a single-day increase of 7.62%. Galaxy Digital (GLXY) followed closely with a rise of 6.62%. Circle (CRCL) was not lagging behind, with a gain of 6.35%. Strategy (MSTR), although with a relatively moderate increase, still rose by 4.16%. These crypto-related listed companies all advanced across the board, reflecting the market’s continued optimism towards the blockchain sector.
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Gm_Gn_Merchant
· 12h ago
This wave of tech stocks is taking off, with XXI and GLXY soaring directly. Finally, there's something to look forward to.
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OnlyOnMainnet
· 12h ago
XXI and GLXY both break 7 and 6 respectively. This wave of the tech market is really here. It was just grinding at the bottom before, and now there's finally some improvement.
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BTCWaveRider
· 12h ago
Wow, XXI is directly up 7.62%, this momentum is a bit fierce
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GLXY follows the rise with a 6.62% increase, is this another chase at the high?
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The Nasdaq is strong, but this wave of blockchain gains... feels a bit hollow
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Tech stocks are leading the way, are we the little guys about to jump on the bandwagon again?
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A negative weekly close for the Dow is quite ironic, is this what they call "Technology Dominance"?
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Wait, how can XXI surpass GLXY by so much? Is it really just hype?
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Oracle up 6%, Nvidia up 4%, why is the blockchain sector actually rising even more fiercely?
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Before the weekend, this wave of gains... I just want to see who dares to buy the dip
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GasWaster
· 12h ago
lmaooo XXI up 7.62% but lemme check the actual gas fees rn... probably spent more on failed txs this week than i made on these gains ngl
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tx_or_didn't_happen
· 13h ago
XXI directly 7.62%?This increase... is a bit fierce, GLXY's follow-up is also pretty good. But I'm just worried it might be a flash in the pan; stocks with this kind of theme can change face suddenly.
U.S. tech stocks rise, blockchain concept stocks rally across the board—see how crypto giants like XXI, GLXY, and others perform
【Chain News】December 20th, today the US stock market can be described as a technology dominated day. The three major indices each performed differently, with the Dow Jones Industrial Average rising slightly by 0.38%, but the weekly loss was somewhat awkward, totaling a decline of 0.67%. The Nasdaq, on the other hand, was strong, with a single-day increase of 1.31% and a weekly gain of an impressive 0.48%. The S&P 500 was in between, with a gain of 0.88% and a weekly increase of 0.1%.
Tech giants all performed strongly today. Oracle led the way with a rise of over 6%, Nvidia followed closely with an increase of nearly 4%, Broadcom was not to be outdone, rising over 3%, and Google saw a slight increase of over 1%. The performance of these tech leaders undoubtedly gave the market a boost.
What is even more noteworthy is the performance of blockchain concept stocks. Twenty One Capital (XXI) led the gains with a single-day increase of 7.62%. Galaxy Digital (GLXY) followed closely with a rise of 6.62%. Circle (CRCL) was not lagging behind, with a gain of 6.35%. Strategy (MSTR), although with a relatively moderate increase, still rose by 4.16%. These crypto-related listed companies all advanced across the board, reflecting the market’s continued optimism towards the blockchain sector.