US Stock Market Hits New Highs, Crypto Market Slightly Down Against the Trend

BlockBeats News, October 29th, according to market data, this morning the U.S. stock market closed at new highs, with the three major indices continuing to rise. The Dow rose by 0.34% at the close, the S&P 500 rose by 0.2%, and the Nasdaq rose by 0.8%. NVIDIA rose by nearly 5%, with a market capitalization approaching $5 trillion, benefiting from multiple new partnerships and CEO Jensen Huang refuting claims of an AI bubble. The cryptocurrency market experienced a slight decline, with Bitcoin falling below $113,000, Ethereum falling below $4,000, and SOL dropping to $194. The total cryptocurrency market value fell to $3.881 trillion, a 24-hour decrease of 1.4%. U.S. stock crypto-related stocks generally fell, including:

Coinbase (COIN) fell by 1.72%;

Circle (CRCL) fell by 4.98%;

MicroStrategy (MSTR) fell by 3.72%;

Bitmine Immersion (BMNR) fell by 2.22%;

SharpLink Gaming (SBET) fell by 3.98%;

Some altcoins led the decline, including:

OG is currently priced at $10.76, with a 24-hour decline of 25.16%;

TURTLE is currently priced at $0.149, with a 24-hour decline of 22.16%;

F is currently priced at $0.016, with a 24-hour decline of 14.85%;

ZEN is currently priced at $12.07, with a 24-hour decline of 11.3%;

ME is currently priced at $0.467, with a 24-hour decline of 10.9%.

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