04:01 PM EDT, 03/27/2024 (MT Newswires) -- Most major digital assets continued their downward slide Wednesday, with bitcoin (BTC-USD) falling below $69,000.

The CoinDesk Market Index, which tracks 182 digital assets, was down almost 2% in the past 24 hours while the Nasdaq 100, the S&P 500 and the Dow Jones Industrial Average rose 0.4%, 0.8% and 1.1%, respectively.

Bitcoin (BTC-USD), the largest cryptocurrency by market value, declined 1.5% in the past 24 hours at $68,738, according to CoinMarketCap data. Trading volume was $39.95 billion, up 4%.

Ethereum (ETH-USD), the second-largest digital asset, was trading 2% lower at $3,496.

BNB (BNB-USD), the third-largest digital asset by market value excluding stablecoins, declined 1.3% and Solana (SOL-USD), the fourth-largest, fell 3.2%.

XRP (XRP-USD) retreated 2.6%; Dogecoin (DOGE-USD) rose 2.9%; and Cardano (ADA-USD) fell 2.8%. Avalanche (AVAX-USD) dipped 3.2%.

The US 10-year Treasury yield closed at 4.194% on Wednesday, compared to 4.232% Tuesday, while the five-year Treasury yield closed at 4.186%, down from 4.221% a day ago.

The total market value of the cryptocurrency industry decreased 1.9% in the last 24 hours to $2.58 trillion. The total trading volumes increased 4.8% to $115.57 billion.

Price: 257.69, Change: -9.12, Percent Change: -3.42