US stock market close: Crypto-related stocks broadly decline, FRMM falls over 24.02%
2026-05-16 01:00
According to data from msx.com, the US stock market closed with the Dow falling 1.07%, the S&P 500 dropping 1.24%, and the Nasdaq declining 1.54%. The VIX panic index closed up 6.78%. Crypto-related stocks broadly declined, with FRMM falling 24.02%, Bit Digital dropping 15.26%, BTCs down 13.68%, BNB Network falling 11.65%, and Bullish declining 9.63%. It is reported that msx.com is a decentralized RWA trading platform, which has listed hundreds of RWA tokens, covering US stocks and ETF token assets such as AAPL, AMZN, GOOGL, META, MSFT, NFLX, and NVDA.
