Top Cryptocurrencies Lower; Bitcoin Falls Below $78,000 Level
Top cryptocurrencies were lower Thursday, with Bitcoin (BTC-USD) falling below the $78,000 level.The CoinDesk Market Index, which tracks dozens of digital assets including Bitcoin, fell almost 2% in the past 24 hours. The Nasdaq 100 fell 0.7%, the S&P 500 declined 0.5%, and the Dow Jones Industrial Average was down 0.4% .Bitcoin fell 1.5% to $77,732, according to CoinMarketCap data. The most popular cryptocurrency's 24-hour trading volume fell 13.5% to $41.9 billion.Ethereum (ETH-USD), the second-largest digital asset by market value, dipped 3.5% to $2,312.XRP (XRP-USD) lost 0.8%, BNB (BNB-USD) fell 0.9%, and Solana (SOL-USD) shed 2.3%. Dogecoin (DOGE-USD) eased 0.2%, and Cardano (ADA-USD) declined 2.3%.The US 10-year Treasury yield stood at 4.319% at 3 p.m. ET Thursday, up from 4.292% Wednesday, while the five-year yield rose to 3.984% from 3.911%.The total market value of the cryptocurrency industry fell 1.5% in the past 24 hours to $2.59 trillion, with trading volume declining 1.7% to $157.76 billion.Price: $77778.99, Change: $-413.99, Percent Change: -0.53%
