US Stock Market Move | The concept of Ether reserves is still strong in the stock market. BTCS Inc (BTCS.US) soared more than 25%.

18/07/2025

On Friday, US stocks with the concept of Ethereum reserves remained strong in the early trading session.

On Friday, the US stock market saw Ethereum-related concept stocks starting strong, with BTCS Inc (BTCS.US) soaring over 25%, Bit Digital (BTBT.US), Bitmine Immersion Technologies (BMNR.US) rising over 10%, and GameSquare (GAME.US) rising nearly 5%. In terms of news, the price of Ethereum hit a new high since January this year, with a cumulative increase of over 45% in the month, breaking through the $3,600 mark. In addition, the US House of Representatives passed three bills related to the regulation of stablecoins and other cryptocurrencies with overwhelming support, sending them to President Trump to sign into law.

Zhongjin: Cumulative inflows from the South may exceed one trillion Hong Kong dollars within the year.

Overnight US stocks | Trade expectations favor the S&P 500 and Nasdaq to hit new highs, while gold and U.S. bonds both fall. Tesla, Inc.'s (TSLA.US) Q2 performance is disappointing.

Tesla, Inc. (TSLA.US) Q2 performance declined and Musk warned of "poor future performance over the next few quarters", exacerbating concerns.

Zhongjin: Cumulative inflows from the South may exceed one trillion Hong Kong dollars within the year.

Overnight US stocks | Trade expectations favor the S&P 500 and Nasdaq to hit new highs, while gold and U.S. bonds both fall. Tesla, Inc.'s (TSLA.US) Q2 performance is disappointing.

Tesla, Inc. (TSLA.US) Q2 performance declined and Musk warned of "poor future performance over the next few quarters", exacerbating concerns.