Top Cryptocurrencies Fall; Bitcoin Drops Below $81,000 Level

MT Newswires Live03:54

Top cryptocurrencies fell Thursday, with Bitcoin (BTC-USD) dropping below the $81,000 level.

The CoinDesk Market Index, which tracks dozens of digital assets including Bitcoin, dropped 1.5% in the past 24 hours. The Nasdaq 100 declined 1.6%, the S&P 500 eased 0.5%, while the Dow Jones Industrial Average decreased 0.4%.

Bitcoin fell 0.6% to $80,784, according to CoinMarketCap data. The most popular cryptocurrency's 24-hour trading volume surged 19.4% to $28.15 billion.

Ethereum (ETH-USD), the second-largest digital asset by market value, declined 1.2% to $2,332.

XRP (XRP-USD) fell 3.6%, BNB (BNB-USD) shed 1.1%, and Solana (SOL-USD) lost 2.4%. Dogecoin (DOGE-USD) declined 0.7%, and Cardano (ADA-USD) slumped 2%.

The total market value of the cryptocurrency industry fell 0.6% in the past 24 hours to $2.7 trillion, with trading volume rising 20.8% to $76.63 billion.

Price: 80836.70, Change: -425.34, Percent Change: -0.52

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