The performance of cryptocurrency concept stocks varies. Coinbase, as a large cryptocurrency exchange, was included in the S&P 500 index on May 19, 2025, and its stock price fluctuates under its influence. Circle's stock price surged on its first day of listing this year, driving up the prices of cryptocurrency concept stocks such as Coinbase and MicroStrategy. Meanwhile, many altcoins outside of Bitcoin and Ethereum are underperforming. Investors are focusing more on companies that are compliant in the cryptocurrency field, hoping to share in the benefits of tech stocks and the interest rate reduction cycle.