U.S. crypto stocks drop at open, American Bitcoin falls 4.2%

KuCoinFlash

Release Time: 05/11/2026 13:38:23

Summary

U.S. crypto stocks opened lower on May 11, 2026, with the Fear & Greed Index indicating heightened anxiety. American Bitcoin fell 4.2%, while FRMM, Bullish, Hut 8, and Tron Inc. declined by 4.56%, 3.77%, 2.45%, and 2.24%, respectively. The Nasdaq dropped 0.3%, and open interest in major crypto derivatives saw a slight retreat. Msx.com, a decentralized RWA trading platform, has listed hundreds of RWA tokens tied to major U.S. stocks and ETFs.

Odaily Planet Daily reports, according to msx.com data, at the opening of U.S. equities markets, the Dow Jones Industrial Average fell 0.06%, the S&P 500 index dropped 0.08%, the Nasdaq Composite declined 0.3%, and the VIX volatility index rose 6.17%. Cryptocurrency-related stocks generally declined, with FRMM down 4.56%, American Bitcoin down 4.2%, Bullish down 3.77%, Hut 8 down 2.45%, and Tron Inc. down 2.24%.

MSX.com is a decentralized RWA trading platform that has listed hundreds of RWA tokens, including tokens backed by U.S. stocks such as AAPL, AMZN, GOOGL, META, MSFT, NFLX, and NVDA, as well as ETFs.

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