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Crypt assets under pressure while the US stock market maintains an upward trend
According to data from msx.com cited by Odaily, the US stock market and crypto assets showed completely different performance trends on Thursday. This contrast reflects the current capital flow changes between traditional finance and digital assets.
Crypto-Related Securities Face Significant Pullback
The crypto asset sector experienced widespread selling pressure on Thursday. Among them, COIN dropped 6.48%, BMNR fell 5.48%, MSTR declined 4.7%, BTCS decreased 4.65%, and SBET dropped 4.04%. This series of declines indicates that investors are cautious about crypto-related listed companies, and funds may be flowing into other asset classes.
US stock market remains steadily rising
In contrast, the US stock indices performed steadily overall. The Dow Jones Industrial Average rose 0.6%, the S&P 500 increased 0.26%, and the Nasdaq Composite gained 0.25%. Although the gains were somewhat differentiated, the positive performance of the mainstream US stock market contrasted sharply with the downward trend of crypto assets.
RWA tokens bridge stock and digital assets
msx.com, a decentralized trading platform focused on Real World Assets (RWA), has launched hundreds of RWA tokens. These tokens cover US stocks and exchange-traded funds, including well-known companies such as AAPL, AMZN, GOOGL, META, MSFT, NFLX, and NVDA. The emergence of RWA tokens enables traditional stock market assets to flow via blockchain, providing crypto investors with a new way to access the US stock market. This innovation is especially important during market volatility.