The three major U.S. stock indexes collectively opened higher, Coinbase rose more than 5%, and MicroStrategy rose more than 6%.

The Federal Reserve slashed interest rates, the U.S. stock index opened higher, the Dow rose 1.13%, the S & P 500 rose 1.5%, and the Nasdaq rose 2.3%. Coinbase rose 5.45% and MicroStrategy rose 6.63%.