U.S. Stocks Open Higher as Coinbase and Robinhood Also Gain

According to Bybit, Nasdaq rose 1.18% and the Dow gained 0.95% at the open on April 30, while crypto-linked stocks including Coinbase and Robinhood also moved higher.

26d ago

Fact Check

The PANews article directly and precisely matches every element of the claim: Nasdaq +1.18%, Dow +0.95% at the open on April 30, sourced from Bybit, with Coinbase and Robinhood also gaining. The specific figures (Nasdaq +1.18%, Dow +0.95%) are an exact match. Investopedia and CNBC independently confirm April 30, 2025 was a broadly positive day for U.S. equities. The minor uncertainty (0.07) reflects that the PANews/Bybit figures are snapshot opening data and not independently verified to the decimal by a major financial outlet, but the directional and magnitude claims are fully consistent across all sources.

Summary

U.S. equities opened in positive territory on April 30, with the Nasdaq up 1.18% and the Dow Jones Industrial Average up 0.95%, according to Bybit market data. Crypto-linked stocks followed the broader move higher, with Coinbase rising 0.90% and Robinhood gaining 0.73%. The figures point to a risk-on start for both traditional equity benchmarks and publicly traded companies tied to digital asset trading activity.

Terms & Concepts

Crypto-linked stocks: Publicly traded companies whose business performance is closely tied to digital asset markets, such as crypto exchanges and trading platforms.
Nasdaq: A major U.S. stock exchange and index heavily weighted toward technology companies, often used as a gauge of growth-stock sentiment.
Risk-on: A market environment in which investors show greater appetite for higher-volatility assets, including tech shares and crypto-related equities.