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Top Cryptocurrencies Weaker; Bitcoin Drops Below $61,000
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Top Cryptocurrencies Weaker; Bitcoin Drops Below $61,000
Jun 26, 2024 1:37 PM

04:03 PM EDT, 06/26/2024 (MT Newswires) -- Most major digital assets fell on Wednesday with bitcoin (BTC-USD) dropping below the $61,000 mark.

The CoinDesk Market Index, which tracks 192 digital assets, was down 1.9% in the past 24 hours. The S&P 500 and Dow Jones Industrial Average both gained 0.1%, while the Nasdaq 100 was up 0.5%.

Bitcoin (BTC-USD), the largest cryptocurrency by market value, dipped 1.5% in the past 24 hours to $60.972, according to CoinMarketCap data. Trading volume shrank 34.9% to $22.32 billion.

Ethereum (ETH-USD), the second-largest digital asset, shed 0.5% to $3,401.

BNB (BNB-USD), the third-largest digital asset by market value excluding stablecoins, lost 0.7%, while Solana (SOL-USD), the fourth-largest, was 1% lower.

XRP (XRP-USD) fell 1.4%, Dogecoin (DOGE-USD) slumped 3%, Cardano (ADA-USD) dropped 1%, while Toncoin (TON-USD) was up 1%.

The US 10-year Treasury yield closed at 4.316%, up from Tuesday's 4.238%, while the five-year Treasury yield closed at 4.336%, up from 4.263%.

The total market value of the cryptocurrency industry was 1.7% lower in the past 24 hours at $2.25 trillion. Trading volume decreased 27.7% to $57.07 billion.

Price: 214.57, Change: -7.14, Percent Change: -3.22

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