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Recently, the three major U.S. stock indices all rose, with the Dow up 1.27%, the Nasdaq up 1.77%, and the S&P 500 also increasing by 1.25%. I noticed that crypto-related concept stocks also followed the rally, with some publicly traded companies in the payments sector experiencing varying degrees of gains.
This market trend seems to indicate a warming of overall market sentiment, not just in tech stocks, but also benefiting crypto concept stocks. Previously, crypto-related concept stocks had been neglected, but now they are finally showing some signs of recovery. These types of stocks saw intraday gains ranging from 0.2% to over 2%, which may not be a big surge, but at least the direction is correct.
It appears that the market's attitude toward crypto concept stocks is gradually shifting. If the U.S. stock market continues to rise, these concept stocks are likely to follow suit.