financetom
Market
financetom
/
Market
/
Top Cryptocurrencies Ease; Bitcoin Hovers Near $67,000
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Top Cryptocurrencies Ease; Bitcoin Hovers Near $67,000
Oct 25, 2024 1:42 PM

04:02 PM EDT, 10/25/2024 (MT Newswires) -- Most major digital assets fell Friday with bitcoin (BTC-USD) hovering near the $67,000 level.

The CoinDesk Market Index, which tracks 126 digital assets, was 2.1% down in the past 24 hours. US stock indexes were mixed with the Nasdaq 100 rising 0.5%, the Dow Jones Industrial Average shedding 0.6%, and the S&P 500 0.1% lower.

Bitcoin dipped 2% to $66,874, with its 24-hour trading volume surging 28.2% to $38.57 billion, according to CoinMarketCap data. The most popular cryptocurrency was on track for a weekly decline of more than 2%.

Ethereum (ETH-USD), the second-largest digital asset, dropped 2.6% to $2,473 and headed for a weekly slump of nearly 7%.

BNB (BNB-USD), the third-largest digital asset by market value excluding stablecoins, shed 1.6%, while Solana (SOL-USD), the fourth-largest, lost 5.2%.

XRP (XRP-USD) was 3.4% lower, Dogecoin (DOGE-USD) tumbled 5.2%, and Cardano (ADA-USD) fell 3.6%.

The total market value of the cryptocurrency industry decreased 2.2% in the past 24 hours to $2.28 trillion. Total trading volume surged nearly 20% to $89.03 billion.

Price: 205.47, Change: -3.69, Percent Change: -1.76

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
TREASURIES-US yields roughly unchanged as market awaits inflation data
TREASURIES-US yields roughly unchanged as market awaits inflation data
Jun 24, 2024
(Updates yields, adds investor comment, graphic) By Davide Barbuscia NEW YORK, June 24 (Reuters) - U.S. Treasury yields were largely unchanged on Monday as investors awaited economic and inflation data later this week to assess whether a recent weakening in economic activity will continue, which would strengthen the case for a first interest rate cut by the Federal Reserve in...
Wall Street edges up ahead of US data
Wall Street edges up ahead of US data
Jun 24, 2024
Most US stock indices gained ground on Monday ahead of crucial data later this week. The expected data include US GDP growth and personal spending data, important for gauging the likely path ahead for the Federal Reserve. Several tech companies sustained heavy losses last week, including Nvidia which lost 4%, with the tech sector extending the negative tone today. On...
Sector Update: Health Care
Sector Update: Health Care
Jun 24, 2024
03:27 PM EDT, 06/24/2024 (MT Newswires) -- Health care stocks advanced in late Monday afternoon trading, with the NYSE Health Care Index up 0.6% and the Health Care Select Sector SPDR Fund (XLV) adding 0.5%. The iShares Biotechnology ETF (IBB) climbed 2%. In corporate news, Novo Nordisk ( NVO ) said Monday it plans to invest $4.1 billion to build...
Sector Update: Financial
Sector Update: Financial
Jun 24, 2024
03:21 PM EDT, 06/24/2024 (MT Newswires) -- Financial stocks rose in late Monday afternoon trading with the NYSE Financial Index adding 1.4% and the Financial Select Sector SPDR Fund (XLF) increasing 1.2%. The Philadelphia Housing Index added 1%, and the Real Estate Select Sector SPDR Fund (XLRE) gained 0.8%. Bitcoin (BTC-USD) slumped 4.5% to $60,302, and the yield for 10-year...
Copyright 2023-2026 - www.financetom.com All Rights Reserved