As the U.S. stock market opened, the three major indexes fell back, reflecting a cautious start to the trading day. The Dow Jones Industrial Average dipped by 0.1%, while the S&P 500 and Nasdaq Composite saw declines of 0.3% and 0.4%, respectively.

Despite the overall market downturn, notable gains were observed in the cryptocurrency sector. MicroStrategy, a company known for its significant Bitcoin holdings, rose by 1.89%. Similarly, Coinbase, a leading cryptocurrency exchange, recorded a 1.17% increase.