All three major U.S. stock indexes closed lower, while COIN rose more than 6.27%.

CoinFeed reported on May 5th that, according to Bybit data, the three major U.S. stock indexes all closed lower, with the Dow Jones down 1.03%, the Nasdaq down 0.03%, and the S&P 500 down 0.25%. Cryptocurrency stocks generally rose, with COIN (Coinbase) up 6.27% and HOOD (Robinhood) up 3.88%.