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US Crypto-Linked Stocks Turn Higher; Strategy, Coinbase Gain More Than 2%

US Crypto-Linked Stocks Turn Higher; Strategy, Coinbase Gain More Than 2%

Crypto-linked stocks in the US market erased intraday losses and turned higher.

According to crypto media outlet BlockBeats on October 12, Strategy (MSTR) rose 2.04% and Coinbase (COIN) gained 2.08%. Circle (CRCL) added 0.91%, SharpLink Gaming (SBET) climbed 0.93%, Bitmine Immersion Technologies (BMNR) advanced 1.01%, and Robinhood (HOOD) rose 0.34%. American Bitcoin (ABTC) jumped 6.73%.

By contrast, US memory and semiconductor shares were weaker. Sandisk fell 6.74% and Micron Technology dropped 4.31%, while SK hynix and Seagate Technology declined 4.09% and 2.85%, respectively. Western Digital lost 2.15%, and the Philadelphia Semiconductor Index fell 2.07%.

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