Top Cryptocurrencies Fall; Bitcoin Drops Below $76,000

MT Newswires Live03:58

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

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