04:14 PM EDT, 09/03/2024 (MT Newswires) -- (Changes day to Tuesday from Monday)

Most major digital assets fell Tuesday, with bitcoin (BTC-USD) dropping below the $58,000 level.

The CoinDesk Market Index, which tracks 134 digital assets, dropped 1.2% in the past 24 hours. The Nasdaq 100 was down 3%, the S&P 500 shed 2%, and the Dow Jones Industrial Average dipped 1.4%.

Bitcoin (BTC-USD), the most popular cryptocurrency, was 0.8% lower at $57,986 with a 24-hour trading volume of $27.6 billion, down 0.2%, according to CoinMarketCap data.

Ethereum (ETH-USD), the second-largest digital asset, shed 2.8% to $2,454.

BNB (BNB-USD), the third-largest digital asset by market value excluding stablecoins, gained 0.4%, while Solana (SOL-USD), the fourth-largest, dipped 1.4%.

XRP (XRP-USD) was down 0.5%, Dogecoin (DOGE-USD) slipped 0.3%, and Cardano (ADA-USD) lost 2.5%

The US 10-year Treasury yield closed at 3.84%, down from Friday's close of 3.911%, while the five-year yield closed at 3.653%, down from 3.715%.

The total market value of the cryptocurrency industry decreased 1.3% in the past 24 hours to $2.03 trillion. Trading volume shrank 4.9% to $57.32 billion.

Price: 169.71, Change: +0.58, Percent Change: +0.34