Top Cryptocurrencies Higher; Bitcoin Drops below $94,000 Level

MT Newswires Live12-24 05:16

Major digital assets were firmer late Monday, while Bitcoin (BTC-USD) dropped below the $94,000 level.

The CoinDesk Market Index, which tracks 126 digital assets, eased 0.2% in the past 24 hours. The Nasdaq 100 was up 1% in late trading, the S&P 500 climbed 0.7%, and the Dow Jones Industrial Average added 0.2%

Bitcoin fell 1.8% to $93,834, according to CoinMarketCap data. The most dominant digital currency's 24-hour trading volume surged 52.1% to $63.89 billion.

Ethereum (ETH-USD), the second-largest digital asset by market value, rose 4.2% to $3,437.

XRP (XRP-USD) edged up 2.3%, while BNB (BNB-USD) jumped 6.4%.

Solana (SOL-USD) advanced 6%, Dogecoin (DOGE-USD) gained 3.5%, and Cardano (ADA-USD) as 4.6% higher.

The US 10-year Treasury yield closed at 4.597%, up from Friday's close of 4.526%, while the five-year yield rose to 4.443% from 4.38%.

The total market value of the cryptocurrency industry increased 0.7% in the past 24 hours to $3.31 trillion, with the total 24-hour trading volume rising 24.4% to $166.92 billion.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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