US stocks closed lower, crypto-related stocks mostly fell, FRMM dropped over 24.02%
2026-05-16 01:00
According to data from msx.com, U.S. stocks closed with the Dow down 1.07%, the S&P 500 down 1.24%, and the Nasdaq down 1.54%. The VIX fear index rose 6.78%. Crypto-related stocks mostly declined, with FRMM falling 24.02%, Bit Digital down 15.26%, BTCS down 13.68%, BNB Network down 11.65%, and Bullish down 9.63%. 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.
