FINWIRES · TerminalLIVE
FINWIRES

Top Cryptocurrencies Fall; Bitcoin Drops Below $76,000

By

Top cryptocurrencies fell Friday, with Bitcoin (BTC-USD) dropping below $76,000.

The CoinDesk Market Index, which tracks dozens of digital assets including Bitcoin, fell 2% in the past 24 hours. The Nasdaq 100 rose 0.3%, the S&P 500 added 0.4%, and the Dow Jones Industrial Average increased 0.7%.

Bitcoin fell 2.4% to $75,770, according to CoinMarketCap data. The most popular cryptocurrency's 24-hour trading volume dropped 4.5% to $26.7 billion.

Ethereum (ETH-USD), the second-largest digital asset by market value, lost 3.5% to $2,065.

XRP (XRP-USD) fell 2.9%, BNB (BNB-USD) declined 1%, and Solana (SOL-USD) shed 3.6%. Dogecoin (DOGE-USD) dropped 2.3%, and Cardano (ADA-USD) slid 3.3%.

The US 10-year Treasury yield stood at 4.558% at 3 p.m. ET Friday, down from 4.582% Thursday, while the five-year yield rose to 4.258% from 4.253%.

The total market value of the cryptocurrency industry fell 1.5% in the past 24 hours to $2.55 trillion, with trading volume declining 2.5% to $153.2 billion.

Price: $75806.84, Change: $-1739.69, Percent Change: -2.24%

Related Articles

Wire

Zoom Communications Fiscal Q1 Adjusted Earnings, Revenue Rise; Shares Gain After Hours

Zoom Communications (ZM) reported fiscal Q1 adjusted diluted earnings late Thursday of $1.55 a share, up from $1.43 a year earlier.Analysts polled by FactSet expected $1.42.Revenue in the three months ended April 30 rose to $1.24 billion from $1.17 billion a year earlier.Analysts surveyed by FactSet expected $1.22 billion.The company expects fiscal Q2 non-GAAP diluted EPS of $1.45 to $1.47 on revenue of $1.265 billion to $1.27 billion. Analysts expect EPS of $1.49 on revenue of $1.266 billion.Zoom expects full-year non-GAAP diluted EPS of $5.96 to $6 on revenue of $5.08 billion to $5.09 billion, up from the prior outlook of EPS of $5.77 to $5.81 on revenue of $5.065 billion to $5.075 billion.Analysts polled by FactSet expect EPS of $5.88 on revenue of $5.075 billion.Zoom shares rose 7% in after-hours trading.

$ZM
Wire

Deckers Outdoor Fiscal Q4 Earnings Fall, Revenue Rises; Sets Fiscal 2027 Guidance

Deckers Outdoor (DECK) reported fiscal Q4 earnings late Thursday of $0.96 per diluted share, down from $1.00 a year earlier.Analysts polled by FactSet expected $0.83.Net sales for the quarter ended March 31 were $1.12 billion, up from $1.02 billion a year earlier.Analysts surveyed by FactSet expected $1.09 billion.The company expects fiscal 2027 earnings of $7.30 to $7.45 per share on net consolidated sales of $5.86 billion to $5.91 billion. Analysts polled by FactSet expect $7.35 and $5.82 billion, respectively.The company said its board has approved an increase of $3.5 billion to the stock repurchase authorization, which brings total outstanding authorization to about $5 billion.

$DECK
Wire

Earnings Flash (TTWO) Take-Two Interactive Software Posts Fiscal Q4 Per Share Loss -$0.32, vs. FactSet Est of $-0.57 Loss

Earnings Flash (TTWO) Take-Two Interactive Software Posts Fiscal Q4 Per Share Loss -$0.32, vs. FactSet Est of $-0.57 Loss

$TTWO