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Top Cryptocurrencies Mixed; Bitcoin Slides to $57,000 Levels
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Top Cryptocurrencies Mixed; Bitcoin Slides to $57,000 Levels
May 1, 2024 1:19 PM

03:59 PM EDT, 05/01/2024 (MT Newswires) -- Most major digital assets were mixed Wednesday, with bitcoin (BTC-USD) sliding to around $57,000 levels.

The CoinDesk Market Index, which tracks 187 digital assets, was down 0.9% in the past 24 hours while the Nasdaq 100, the S&P 500, and the Dow Jones Industrial Average rose 1.1%, 1% and 1.3%, respectively.

Bitcoin (BTC-USD), the largest cryptocurrency by market value, was down 4.8% in the past 24 hours at $57,275, according to CoinMarketCap data. Trading volume was $48.31 billion, up 39%.

Ethereum (ETH-USD), the second-largest digital asset, was trading 1.2% lower at $2,922.

BNB (BNB-USD), the third-largest digital asset by market value excluding stablecoins, was down 3.6% and Solana (SOL-USD), the fourth-largest, jumped 5.9%.

XRP (XRP-USD) rose 3.7% while Dogecoin (DOGE-USD) and Toncoin fell 2.7% and 4.9%, respectively. Cardano (ADA-USD) was trading 2.1% higher.

The US 10-year Treasury yield closed at 4.597% on Wednesday, compared to 4.682% Tuesday, while the five-year Treasury yield closed at 4.616%, down from 4.717% a day ago.

The total market value of the cryptocurrency industry dropped 2.4% in the last 24 hours at $2.15 trillion. The total trading volumes increased 24% to $104.75 billion.

Price: 210.46, Change: +6.53, Percent Change: +3.20

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