Crypto Sector Drops as U.S. Markets End Higher; BMNR Slumps Over 5%

Stocks finish higher on Wall Street while crypto assets retreat, led by BMNR’s over-5% drop; MSX expands RWA token listings and accelerates value growth with a second burn.

Rich by Coin

2026-01-16

U.S. stock markets posted a modestly higher close, with the Dow up about 0.6% (preliminary), the S&P 500 rising 0.26%, and the Nasdaq Composite gaining 0.25%. Despite these gains in equities, the crypto sector declined across the board, with COIN down 6.48%, MSTR down 4.7%, BTCS down 4.65%, SBET down 4.04%, and BMNR down 5.48%. MSX.com is a decentralized real-world asset trading platform that has listed hundreds of RWA tokens, including U.S. stock and ETF-token assets such as AAPL, AMZN, GOOGL, META, MSFT, NFLX, and NVDA.

A second burn is underway, with 10.96% of total supply burned to date, accelerating the next phase of value growth. Several tokenization firms publicly pushed back against Coinbase’s stance on the CLARITY Act, suggesting progress remains possible if a revenue-sharing agreement can be reached. Eleanor Terrett noted that if all parties can reach a revenue-sharing agreement, the CLARITY Act could still move forward.