U.S. stock market opens with crypto-related stocks broadly lower; Coinbase drops over 4.37%

According to data from msx.com, at the U.S. stock market open, the Dow rose 0.39%, the S&P 500 index rose 0.46%, the Nasdaq rose 0.6%, and the VIX volatility index rose 0.47%. Crypto-related stocks were broadly lower, with Coinbase falling 4.37%, BTCS falling 4.29%, FRMM falling 1.67%, Robinhood falling 1.42%, and Bit Digital falling 1.37%. It is reported that msx.com is a decentralized RWA trading platform that has listed hundreds of RWA tokens, covering U.S. stocks and ETF token targets such as AAPL, AMZN, GOOGL, META, MSFT, NFLX, and NVDA.