During regular trading on Friday (September 11), crypto concept stocks advanced broadly, with most Bitcoin mining and exchange-related names closing higher. BMNR (BMNR.US) led the sector, climbing 3.95% to $25.16, with intraday highs reaching up 11.45% to touch $26.97. MicroStrategy (MSTR.US) rose 2.03% to $131.17, hitting an intraday high of 7.26% at $137.89. Coinbase (COIN.US) gained 1.78% to $175.36, with a session high of 5.69% at $182.08, while Circle (CRCL.US) edged up 0.69% to $90.94. Robinhood (HOOD.US) bucked the trend, declining 0.81% to $112.41. Among derivative ETFs, the 2x leveraged fund (CCUP.US) rose 0.61%, while the inverse ETF (CRCD.US) fell 1.65%.
On the news front, crypto markets experienced heightened volatility today, with Bitcoin prices touching intraday highs before pulling back, driving divergence among related concept stocks. Mining stock BMNR showed the strongest performance with over 11% intraday amplitude, reflecting continued investor focus on the crypto mining sector. Exchange stocks COIN and MSTR followed the broader market higher, while HOOD slipped modestly amid pressure on its retail trading business.
