04:03 PM EDT, 06/14/2024 (MT Newswires) -- Most major digital assets fell on Friday, with Bitcoin (BTC-USD) dropping below the $66,000 level.
The CoinDesk Market Index, which tracks 192 digital assets, was down 2.6% in the past 24 hours. The Nasdaq 100 was fractionally down, while the S&P 500 and Dow Jones Industrial Average dipped 0.2% and 0.3%, respectively.
Bitcoin (BTC-USD), the largest cryptocurrency by market value, slid 1.8% in the last 24 hours to $65,421, according to CoinMarketCap data. Trading volume shrank 16.8% to $25.52 billion.
The most popular cryptocurrency is on pace to conclude the week with a loss of nearly 6%.
Ethereum (ETH-USD), the second-largest digital asset, was trading 2.3% lower at $3,403 and headed for a weekly loss of around 8%.
BNB (BNB-USD), the third-largest digital asset by market value excluding stablecoins, was 1.1% lower, while Solana (SOL-USD), the fourth-largest, slumped 4.5%.
XRP (XRP-USD) fell 2.9%, Dogecoin (DOGE-USD) was 6.5% lower, and Cardano (ADA-USD) shed 4.9%. Toncoin bucked the general trend with a gain of 4.5%.
The US 10-year Treasury yield closed on Friday at 4.211%, down from Thursday's 4.238%, while the five-year Treasury yield closed at 4.224%, down from 4.234%.
The total market value of the cryptocurrency industry was down 2.4% in the past 24 hours at $2.37 trillion. Trading volume decreased 10.8% to $70.22 billion.
Price: 242.65, Change: -4.99, Percent Change: -2.02