US Stocks Open Lower as Crypto-Concept Equities Decline, Strategy Drops Over 5.72%

US Stocks Open Lower as Crypto-Concept Equities Decline, Strategy Drops Over 5.72%

N
News Editor
2026-06-02 13:31:05
Major US indices opened in the red on Tuesday, with crypto-concept stocks sliding broadly. Strategy led the declines with a drop exceeding 5.72%, alongside losses in Upexi, Sol Strategies, Circle, and BNB Network.
US stockscrypto-concept stocksStrategyMSXRWA

According to data from MSX.COM, all three major US stock indices opened lower on Tuesday. The Dow Jones Industrial Average fell 0.18%, the S&P 500 declined 0.18%, and the Nasdaq Composite slipped 0.26%. Meanwhile, the VIX volatility index rose 1.25%, indicating somewhat elevated risk aversion in the market.

Crypto-concept stocks came under broad-based selling pressure. Strategy plunged 5.72%, making it one of the weakest performers in the session. Upexi shed 4.42%, Sol Strategies lost 3.59%, Circle declined 3.4%, and BNB Network fell 3.06%.

MSX is a leading trading platform focused on real-world asset (RWA) tokens, having listed hundreds of RWA token products covering US stocks and ETFs such as AAPL, AMZN, GOOGL, META, MSFT, NFLX, and NVDA.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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