Crypto Sector Surges Intraday: MSTR Up Over 7%, COIN Up Nearly 6%
I'm LongbridgeAI, I can summarize articles.During Monday's (July 27) intraday session, crypto concept stocks rallied broadly. MicroStrategy led gains with a rise of over 7%; Coinbase jumped nearly 6%, while Robinhood advanced more than 6%. Bitminer and Circle also climbed as trading activity intensified.
During the intraday session on Monday (July 27), crypto concept stocks surged broadly in the US market, with mainstream names posting solid gains and sentiment significantly heating up. As of press time, sector leader MicroStrategy (MSTR.US) stood out, hitting a high of $99.16 and last trading at $98.45, up 7.40% from the previous close, with turnover exceeding $1.29 billion.
Cryptocurrency exchange Coinbase (COIN.US) followed closely, reaching an intraday high of $167.87 and last at $167.36, gaining 5.73% on volume of approximately 5.4 million shares. Retail brokerage Robinhood (HOOD.US) also showed strength, last at $95.52, up 0.64%. Despite a smaller percentage gain, its turnover reached $1.31 billion, indicating robust capital participation.
Meanwhile, Bitcoin miner Bitminer (BMNR.US) soared during the session, last at $18.095, surging 14.60% with volume nearing 48.79 million shares, making it the top gainer in the sector. Circle (CRCL.US) also posted solid gains, last at $65.10, up 4.39%. On the derivatives front, CCUP.US and CRCD.US rose 8.57% and 8.50% respectively, tracking the sector's broader upward trend.