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Top Cryptocurrencies Fall; Bitcoin Drops Below $70,000
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Top Cryptocurrencies Fall; Bitcoin Drops Below $70,000
Apr 1, 2024 1:16 PM

03:56 PM EDT, 04/01/2024 (MT Newswires) -- Most major digital assets fell Monday with bitcoin (BTC-USD) dropping below $70,000.

The CoinDesk Market Index, which tracks 182 digital assets, was down 3.5% in the past 24 hours while the Nasdaq 100 was little changed and the S&P 500 and the Dow Jones Industrial Average declined 0.3% and 0.7%, respectively.

Bitcoin (BTC-USD), the largest cryptocurrency by market value, fell 2.4% in the past 24 hours to $69,338, according to CoinMarketCap data. Trading volume was $33.88 billion, up 80%.

Ethereum (ETH-USD), the second-largest digital asset, was trading 4.6% lower at $3,473.

BNB (BNB-USD), the third-largest digital asset by market value excluding stablecoins, was down 4.7% and Solana (SOL-USD), the fourth-largest, fell 3.6%.

XRP (XRP-USD), Dogecoin (DOGE-USD) and Cardano (ADA-USD) declined 3.1%, 7.4% and 4.5%, respectively. Avalanche (AVAX-USD) was down 4.5%.

The US 10-year Treasury yield closed at 4.327% on Monday, compared to 4.2% Thursday, while the five-year Treasury yield closed at 4.336%, up from 4.212%.

The total market value of the cryptocurrency industry decreased 3% in the past 24 hours to $2.61 trillion. The total trading volume increased 65% to $103.84 billion.

Price: 252.40, Change: -12.72, Percent Change: -4.80

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