U.S. crypto stocks decline at market close, DeFi development drops 8.33%

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Crypto market update: U.S. stock markets closed higher, with the Dow up 0.58%, the S&P 500 up 0.37%, and the Nasdaq up 0.19%. Crypto-related stocks declined broadly, with DeFi Development down 8.33%, FRMM down 6.97%, Coinbase down 4.43%, Upexi down 4.29%, and Sharplink Gaming down 3.86%. MSX.COM listed hundreds of RWA tokens, including those tied to major equities such as AAPL, AMZN, GOOGL, META, MSFT, NFLX, and NVDA.

Odaily Planet Daily report: According to MSX.COM data, at the close of U.S. markets, the Dow Jones Industrial Average rose 0.58%, the S&P 500 increased 0.37%, the Nasdaq Composite gained 0.19%, and the VIX Fear Index declined 0.36%. Cryptocurrency-related stocks generally declined, with DeFi Development down 8.33%, FRMM down 6.97%, Coinbase down 4.43%, Upexi down 4.29%, and Sharplink Gaming down 3.86%. MSX.COM is a decentralized RWA trading platform that has listed hundreds of RWA tokens, including underlying assets such as AAPL, AMZN, GOOGL, META, MSFT, NFLX, and NVDA stocks and ETFs.

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