U.S. stocks opened higher on Tuesday, extending a risk‑on regime across the Dow, S&P 500 and Nasdaq even as crypto‑linked names like Coinbase and MicroStrategy once again trade more like volatile Bitcoin proxies than companies being valued on their own fundamentals.
Summary
- Gate data cited by ChainCatcher show the Dow opening up 0.66%, the S&P 500 up 0.42% and the Nasdaq up 0.33%, extending a risk‑on regime where dips in U.S. equities remain shallow and quickly bought.
- Crypto‑linked stocks like Coinbase and MicroStrategy continue to trade less on cash flows and business execution and more as leveraged wrappers on Bitcoin, with sharp pops on strong BTC and ETF inflow days…
