Cryptocurrency stocks emerge as rare winners amid market collapse

As the global cryptocurrency markets have been suffering from one… Sharper sell-offs Over the years, a few cryptocurrency stocks have managed to stay in the green on October 10 led by Eightco Holdings (NASDAQ: ORBS), which rose 16.6% even as Bitcoin and Ethereum fell by double digits.

according to SoCal According to the data, the total market capitalization of cryptocurrencies decreased by 9.46% to $3.84 trillion Bitcoin (BTC) drops below $112,500 and… ether (ETH) fell more than 12% to $3,816.

Almost every major cryptocurrency-related stock was in the red from Coinbase (COIN) to Marathon Digital (MARA), as Donald Trump’s 100% tariffs on China sparked panic selling, leading to more than $19 billion of positions being liquidated across the market.

Related: Binance to compensate users after technical issue occurs during $19 billion market crash

yet, Etco Holding Company He emerged as a rare winner.

Trading under the symbol ORBS, the company jumped 16.59% to $9.84 with a trading value of $164 million.

Eightco, which operates in the field of digital commerce and blockchain infrastructure, focuses on tokenized loyalty and retail payment systems, positioning itself as a bridge between Web2 businesses and blockchain technology.

The company is also exploring AI integrations and data markup tools for e-commerce partners, topics that remain attractive to investors even amid market turmoil.

Related: What is a token? He explained

Shares of Eightco Holdings rose significantly after the company unveiled a new AI authentication pilot program aimed at redefining enterprise security and digital identity verification.

Backed by leading investors including KrakenCoinFund and Brevan Howard, the initiative positions Eightco as a potential trust layer for global AI systems.

Eightco Holdings launched on September 11 and rebranded as ORBS after raising $270 million in venture funding. Worldcoin based treasury Strategy and shift towards AI-based identity solutions.

The company was originally founded in 1966 and was formerly known as Cryptyde, Inc. Until its name change in April 2023, it operates in e-commerce cash flow, inventory management and custom packaging across North America and Europe.

Cryptocurrency-related stocks mirrored the carnage seen in digital assets this week, with nearly all major blockchain treasury stocks, exchanges, and Bitcoin closing sharply lower after Donald Trump. Trump’s 100% tariffs on China Markets shook.

Here’s how the biggest names fared: