In the US stock market, cryptocurrency concept stocks have shown varied performance. Coinbase, as a major cryptocurrency exchange, was added to the S&P 500 index on May 19, 2025, and its stock price fluctuated as a result. Circle saw its stock price soar on its first day of listing this year, driving up cryptocurrency concept stocks like Coinbase and MicroStrategy. Meanwhile, many altcoins outside of Bitcoin and Ethereum have performed poorly. Investors are paying more attention to companies that are compliant in the cryptocurrency field, hoping to share in the dividends of tech stocks and the interest rate cut cycle.