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Top Cryptocurrencies Fall; Bitcoin Drops Below $70,000
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Top Cryptocurrencies Fall; Bitcoin Drops Below $70,000
Mar 26, 2024 1:26 PM

03:54 PM EDT, 03/26/2024 (MT Newswires) -- Most major digital assets fell Tuesday with bitcoin (BTC-USD) dropping below $70,000.

The CoinDesk Market Index, which tracks 182 digital assets, was down 1.2% in the past 24 hours while the Nasdaq 100 eased 0.2%, the S&P 500 lost 0.1% and the Dow Jones Industrial Average was little changed.

Bitcoin (BTC-USD), the largest cryptocurrency by market value, declined 1.2% in the past 24 hours to $69,898, according to CoinMarketCap data. Trading volume was $38.34 billion, down 9.2%.

Ethereum (ETH-USD), the second-largest digital asset, was trading 1.8% lower at $3,570.

BNB (BNB-USD), the third-largest digital asset by market value excluding stablecoins, declined 2.9% and Solana (SOL-USD), the fourth-largest, fell 1.8%.

XRP (XRP-USD), Dogecoin (DOGE-USD) and Cardano (ADA-USD) retreated 3.9%, 1.5% and 0.9%, respectively. Avalanche (AVAX-USD) was down 4.1%.

The US 10-year Treasury yield closed at 4.232% on Tuesday, compared with 4.251% Monday, while the five-year Treasury yield closed at 4.221%, down from 4.232%.

The total market value of the cryptocurrency industry decreased 1.4% in the past 24 hours to $2.63 trillion. The total trading volumes increased 1.2% to $110.09 billion.

Price: 269.32, Change: -10.39, Percent Change: -3.71

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