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Top Cryptocurrencies Fall; Bitcoin Retreats to $66,000 Levels
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Top Cryptocurrencies Fall; Bitcoin Retreats to $66,000 Levels
Apr 2, 2024 1:35 PM

04:00 PM EDT, 04/02/2024 (MT Newswires) -- Most major digital assets continued their downward slide Tuesday, with bitcoin (BTC-USD) retreating to the $66,000 levels.

The CoinDesk Market Index, which tracks 182 digital assets, was down 4.8% in the past 24 hours while the Nasdaq 100, S&P 500 and the Dow Jones Industrial Average declined 1%, 0.7% and 0.9%, respectively.

Bitcoin (BTC-USD), the largest cryptocurrency by market value, fell 4.8% in the past 24 hours at $66,108, according to CoinMarketCap data. Trading volume was $49.75 billion, up 47%.

Ethereum (ETH-USD), the second-largest digital asset, was trading 5.8% lower at $3,276.

BNB (BNB-USD), the third-largest digital asset by market value excluding stablecoins, was down 3.3% and Solana (SOL-USD), the fourth-largest, fell 3.5%.

XRP (XRP-USD), Dogecoin (DOGE-USD) and Cardano (ADA-USD) dipped 2.8%, 8.1% and 4.8%, respectively. Avalanche (AVAX-USD) was down 7.6%.

The US 10-year Treasury yield closed at 4.363% on Tuesday, compared to 4.327% Monday, while the five-year Treasury yield closed at 4.352%, up from 4.336% a day ago.

The total market value of the cryptocurrency industry decreased 4.4% in the last 24 hours at $2.49 trillion. The total trading volumes increased 24% to $128.79 billion.

Price: 245.80, Change: -6.31, Percent Change: -2.50

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