#加密概念美股 The concept of cryptocurrency in the US stock market (such as Coinbase, MicroStrategy) has a strong correlation with the crypto market:

1. **Emotional Transmission**: The fluctuations in stock prices of related companies directly affect the market's confidence in cryptocurrencies, and extreme spikes and drops can easily lead to follow-the-trend behavior in the crypto market;

2. **Funding Entry**: Traditional investors participate in the crypto market indirectly through the US stock market, and the flow of their funds may boost or withdraw liquidity in the crypto market;

3. **Regulatory Barometer**: Changes in US policies (such as ETF approvals, regulatory lawsuits) will be reflected in the US stock market and quickly transmitted to global cryptocurrency prices.

**Risk Warning**: Be cautious of excessive speculation in the US stock market amplifying volatility in the crypto market, as short-term emotions can easily deviate from the fundamentals.