Major digital assets were weaker Thursday, with Bitcoin (BTC-USD) dropping below the $63,000 level.
The CoinDesk Market Index, which tracks dozens of digital assets including Bitcoin, declined 3.4% in the past 24 hours. The Nasdaq 100 rose 2.6%, the S&P 500 added 1.1%, and the Dow Jones Industrial Average increased 0.2%.
Bitcoin fell 2% to $62,917, according to CoinMarketCap data. The most popular cryptocurrency's 24-hour trading volume rose 2.4% to $30.81 billion.
Ethereum (ETH-USD), the second-largest digital asset by market value, fell 1.7% to $1,704.
XRP (XRP-USD) lost 3.1%, BNB (BNB-USD) shed 3.3%, and Solana (SOL-USD) fell 3.3%. Dogecoin (DOGE-USD) declined 2.9%, while Cardano (ADA-USD) dipped 1.6%.
The US 10-year Treasury yield stood at 4.445% at 3 p.m. ET Wednesday, down from 4.461% Tuesday, while the five-year yield dropped to 4.218% from 4.229%.
The total market value of the cryptocurrency industry fell 1.9% in the past 24 hours to $2.17 trillion, with trading volume rising 1% to $80.46 billion.
Price: $62891.29, Change: $-1559.15, Percent Change: -2.42%