US Stocks Open Mixed as Crypto Sector Wavers, ETHZilla Rises 0.57%

U.S. stocks open mixed as crypto-linked equities diverge, led by ETHZilla’s 0.57% rise in early trading amid a choppy session.

Rich by Coin

2026-01-23

U.S. stock markets opened mixed, with the Dow Jones Industrial Average down 0.24%, the S&P 500 down 0.08%, and the Nasdaq Composite essentially flat. Crypto-linked equities traded in a mixed session as investors weighed macro factors, with ETHZilla rising 0.57%.

Within crypto-related equities, ETHZilla fell 0.98%, while Circle rose 0.41% and Coinbase gained 0.36%. Strategy also declined 0.98%, underscoring a split in performance among crypto-linked stocks.

U.S. stock markets opened in mixed territory as investors weighed macro cues and crypto-linked equities. The Dow Jones Industrial Average slipped 0.24%, the S&P 500 fell 0.08%, and the Nasdaq Composite remained essentially flat. In early trading, ETHZilla led crypto-related stocks higher, rising 0.57%.

Within crypto-related equities, ETHZilla declined 0.98%, while Circle gained 0.41% and Coinbase rose 0.36%. Strategy also declined 0.98%, underscoring a split in performance among crypto-linked stocks. Overall, the session reflects a cautious mood as traders balance traditional market drivers with shifting sentiment in crypto-associated assets.