03:59 PM EDT, 04/17/2024 (MT Newswires) -- Most major digital assets continued their downward slide Wednesday, with bitcoin (BTC-USD) falling to around $61,000 levels.

The CoinDesk Market Index, which tracks 187 digital assets, was down 2.1% in the past 24 hours while the Nasdaq 100, the S&P 500, and the Dow Jones Industrial Average declined 1.2%, 0.5% and 0.1%, respectively.

Bitcoin (BTC-USD), the largest cryptocurrency by market value, fell about 2.5% in the past 24 hours to $61,174, according to CoinMarketCap data. Trading volume was $41.92 billion, down 3.3%.

Ethereum (ETH-USD), the second-largest digital asset, was trading 2.4% lower at $2,987.

BNB (BNB-USD), the third-largest digital asset by market value excluding stablecoins, was down 0.3% and Solana (SOL-USD), the fourth-largest, rose 1.1%.

XRP (XRP-USD) rose 1.1% while Dogecoin (DOGE-USD) and Toncoin (TON-USD) declined 3.6% and 0.4%, respectively. Cardano (ADA-USD) was trading 1.2% lower.

The US 10-year Treasury yield closed at 4.583% on Wednesday, compared to 4.659% Tuesday, while the five-year Treasury yield closed at 4.613%, down from 4.683% a day ago.

The total market value of the cryptocurrency industry decreased 2.4% in the last 24 hours at $2.24 trillion. The total trading volumes decreased 10% to $95.96 billion.