U.S. market open sees broad decline in crypto stocks, Coinbase drops 3.58%

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The crypto market opened lower as U.S. stocks edged down, with Coinbase falling 3.58%. The Dow dipped 0.05%, the S&P 500 lost 0.07%, and the Nasdaq slipped 0.03%. ETHZilla, Circle, Bit Digital, and Strategy declined 1.17%, 0.13%, 0.01%, and 0.99%, respectively. Open interest in major crypto pairs has seen a slight pullback. msx.com listed hundreds of RWA tokens covering top U.S. stocks and ETFs.

Odaily Planet Daily report: According to data from msx.com, at the opening of U.S. equities markets, the Dow Jones Industrial Average fell 0.05%, the S&P 500 index dropped 0.07%, and the Nasdaq Composite declined 0.03%. Cryptocurrency-related stocks generally declined, with ETHZilla down 1.17%, Circle down 0.13%, Bit Digital down 0.01%, Coinbase down 3.58%, and Strategy down 0.99%.

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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