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U.S. Stocks Open Mixed as Crypto Stocks Rise, BitMine Gains 2.37%

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U.S. stocks opened to a mixed session on April 10, with the Dow Jones Industrial Average dipping while the S&P 500 and Nasdaq Composite pushed higher. Crypto-concept stocks broadly outperformed the wider market at the bell, led by BitMine Immersion Technologies, which rose 2.37% at the open according to unconfirmed reports.

U.S. Indexes Split at the Opening Bell

The Dow opened down 0.01%, while the S&P 500 gained 0.24% and the Nasdaq Composite advanced 0.43%, according to unconfirmed reports citing Bitget market data. The divergence placed tech-heavy names in a stronger position than blue-chip industrials from the first print.

Verified quote data captured later in the session showed the indexes had shifted further. The Dow had fallen 0.45% to 47,967.83, deepening the early weakness. The S&P 500 was up just 0.05% at 6,827.9, well below the reported opening gain.

The Nasdaq held up better at +0.51%, reaching 22,939.19. CNBC’s live session coverage framed the broader market move around a fragile Iran ceasefire and recent inflation data rather than any crypto-specific catalyst.

Crypto Stocks Outperformed, but the Picture Was Mixed

According to unconfirmed reports, crypto-concept stocks generally rose at the U.S. open. The sector appeared to benefit from the same risk-on appetite visible in the Nasdaq’s outperformance over the Dow.

Verified quote checks told a more nuanced story. Galaxy Digital traded at $21.38, up 1.09% on the session, confirming strength in at least one major crypto-linked equity. The gain echoed broader interest in listed companies with direct digital-asset exposure, a theme that has also driven attention to firms like BitFuFu, which sold 80 Bitcoin in March.

Coinbase Global moved in the opposite direction. COIN was down 2.36% at $165.03, undercutting the claim that crypto stocks rose uniformly. The divergence between GLXY and COIN suggests the opening snapshot was selective rather than sector-wide.

BitMine Gains on NYSE Uplisting Momentum

BitMine Immersion Technologies was the only stock named with a specific percentage in the original report, which stated the company rose 2.37% at the open according to unconfirmed reports.

Live quote data checked after the open showed BMNR up 1.59% at $21.45, below the reported figure but still positive.

BitMine at fetch
+1.59%
Verified live quote data showed BMNR rising 1.5869212%, not 2.37%.

The stock’s momentum follows a significant corporate milestone. BitMine’s April 6 press release confirmed that its uplisting to the New York Stock Exchange became effective at the opening of trading on April 9, 2026. The company also disclosed holdings of 4.803 million ETH, with total crypto and cash holdings reaching $11.4 billion.

That combination of a fresh NYSE listing and a sizable crypto treasury likely explains why BMNR attracted attention among crypto-equity watchers at the open, even if the precise percentage differed from the initial report.

Bitcoin Backdrop: $71,970 with Sentiment at Extreme Fear

The equity moves unfolded against a backdrop of modest Bitcoin strength. Bitcoin traded at $71,970, up 1.47% over 24 hours.

Bitcoin price
$71,970
Bitcoin was higher on the day, up 1.47% in 24 hours.

Total crypto market capitalization stood at $2.52 trillion, with Bitcoin dominance at 57.12%. The 24-hour trading volume for Bitcoin alone reached $40.5 billion.

Despite the green price action, the Crypto Fear & Greed Index sat at 16, deep in Extreme Fear territory. That disconnect between a rising spot price and deeply fearful sentiment has historically preceded volatile swings, a dynamic explored in analysis of Bitcoin’s Bollinger Bands compressing to 2024 lows.

Why the Opening Print Matters for Crypto Equity Watchers

For investors tracking crypto exposure through listed equities, the opening minutes offer an early signal of risk appetite. The Nasdaq’s outperformance over the Dow at the bell typically reflects stronger demand for growth and higher-beta names, a pattern that tends to lift crypto-linked stocks.

On April 10, that pattern held partially. BMNR and GLXY both traded higher, but COIN’s 2.36% decline showed that crypto-equity strength was not uniform. The mixed picture aligns with the broader sentiment disconnect: Bitcoin itself was rising, yet the Fear & Greed reading of 16 signaled that market participants remained deeply cautious.

Opening momentum can also reverse during the session. The Dow’s slide from -0.01% at the open to -0.45% later in the day illustrates how early prints can mislead if treated as the final word. Traders monitoring this space, including those following developments like HTX DAO’s operational updates, should treat these figures as a snapshot rather than a settled outcome.

FAQ

What were the Dow, S&P 500, and Nasdaq opening moves on April 10?

According to unconfirmed reports citing Bitget data, the Dow opened down 0.01%, the S&P 500 opened up 0.24%, and the Nasdaq opened up 0.43%. Verified data captured later in the session showed the Dow at -0.45%, the S&P 500 at +0.05%, and the Nasdaq at +0.51%.

Which crypto-related stock was specifically mentioned as a gainer?

BitMine Immersion Technologies (BMNR) was the only stock named with a specific percentage, reportedly up 2.37% at the open. Verified quote data later showed BMNR up 1.59%.

Does this report describe the open or the full-day market performance?

The original report described opening-bell data only. Markets continued trading throughout the day, and index levels shifted materially after the open. These figures should not be read as closing prices.

Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.

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Avatar of Sophia Panel

Sophia Panel

10 April 2026, 13:56:16 GMT +0000

Sophia Panel is a cryptocurrency journalist with 10+ years of experience. She reports on token listings, stablecoins, exchanges, and market trends, in plain, clear language. At Coincu.com, she helps readers spot what is moving and why, turning complex trading data into simple insights. Her work often features lessons from top fintech firms and rising crypto startups.

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