The three major US stock indices decline at market open, with the blockchain sector experiencing mixed fortunes.

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December 29th, U.S. stocks opened with a general correction, led by the Nasdaq which fell by 0.75%. The S&P 500 index followed closely with a decline of 0.43%, while the Dow Jones Industrial Average experienced a milder drop of 0.19%.

Against the backdrop of overall market weakness, precious metals prices came under pressure, with significant intraday declines, and mining stocks collectively opened lower.

In contrast, blockchain concept stocks showed a differentiated pattern. MicroStrategy (MSTR) led the gains with an increase of about 2%; Circle (CRCL) followed with a 1.7% rise; some exchange concept stocks performed steadily, rising about 1%. This indicates that even as the market trends downward, there are structural differences in investor preferences across different sectors, and technology assets like blockchain still attract some capital.

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