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Top Cryptocurrencies Fall; Bitcoin Falls to $67,000 Threshold
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Top Cryptocurrencies Fall; Bitcoin Falls to $67,000 Threshold
Mar 18, 2024 1:29 PM

04:03 PM EDT, 03/18/2024 (MT Newswires) -- Most major digital assets were in the red Monday, with bitcoin (BTC-USD) falling to the $67,000 threshold.

The CoinDesk Market Index, which tracks 182 digital assets, was down 2.4% in the past 24 hours while the Nasdaq 100, S&P 500 and the Dow Jones Industrial Average rose 0.9%, 0.7% and 0.2%, respectively.

Bitcoin (BTC-USD), the largest cryptocurrency by market value, was down 2% in the past 24 hours at $67,004 after reaching a day low of $66,594, according to CoinMarketCap data. Trading volume was $48.56 billion, down 5.4%.

Ethereum (ETH-USD), the second-largest digital asset, was trading 4.5% lower at $3,491.

Solana (SOL-USD), the third-largest digital asset by market value excluding stablecoins, gained 1.2% and BNB (BNB-USD), the fourth-largest, declined 5.8%.

XRP (XRP-USD) fell 2.9%, Avalanche (AVAX-USD) gained 8% and Cardano (ADA-USD) retreated 4.8%. Dogecoin (DOGE-USD) was down 7%.

The US 10-year Treasury yield closed at 4.332% on Monday, compared to 4.302% Friday, while the five-year Treasury yield closed at 4.351%, up from 4.320% on Friday.

The total market value of the cryptocurrency industry was down 2.2% in the last 24 hours at $2.53 trillion. The total trading volumes decreased 3.7% to $136.69 billion.

Price: 238.77, Change: -3.59, Percent Change: -1.48

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