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Top Cryptocurrencies Fall; Bitcoin Near $68,000 Level
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Top Cryptocurrencies Fall; Bitcoin Near $68,000 Level
May 28, 2024 1:34 PM

04:07 PM EDT, 05/28/2024 (MT Newswires) -- Most major digital assets fell broadly Tuesday, with Bitcoin (BTC-USD) approaching the $68,000 mark.

The CoinDesk Market Index, which tracks 193 digital assets, was down 2.7% in the past 24 hours. The Nasdaq 100 was up 0.1%, while the S&P 500 and the Dow Jones Industrial Average declined 0.2% and 0.7%, respectively.

Bitcoin (BTC-USD), the largest cryptocurrency by market value, fell 1.3% in the last 24 hours to $68,382, according to CoinMarketCap data. Trading volume was $32.95 billion, up 31%.

Ethereum (ETH-USD), the second-largest digital asset, was trading 0.8% lower at $3,838.

BNB (BNB-USD), the third-largest digital asset by market value excluding stablecoins, dipped 0.2% while Solana (SOL-USD), the fourth-largest, was up 1.4%.

XRP (XRP-USD) and Dogecoin (DOGE-USD) decreased by 0.7% and 1.3%, respectively, while Toncoin rose 1.5%. Cardano (ADA-USD) was trading 1.7% lower.

The US 10-year Treasury yield closed at 4.540% on Tuesday, up from Friday's 4.465%, while the five-year Treasury yield closed at 4.585%, up from 4.528% at the end of last week.

The total market value of the cryptocurrency industry was down 2.8% in the last 24 hours at $2.54 trillion. The total trading volume increased 22% to $96.7 billion.

Price: 245.11, Change: +0.11, Percent Change: +0.04

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