Top Cryptocurrencies Tumble; Bitcoin Trades Around $84,000 Level

MT Newswires Live

03-21

Major digital assets tumbled late Thursday afternoon, with Bitcoin (BTC-USD) trading around the $84,000 level.

The CoinDesk Market Index, which tracks dozens of digital assets including Bitcoin, was down 1.9% in the past 24 hours. The Nasdaq 100 was down 0.5% in late trading, the S&P 500 fell 0.3% and Dow Jones Industrial Average declined 0.1%.

Bitcoin was down 1.2% at $84,280, according to CoinMarketCap data. The most popular cryptocurrency's 24-hour trading volume fell 2.2% to $31.4 billion.

Ethereum (ETH-USD), the second-largest digital asset by market value, dipped 2.7% to $1,977.

XRP (XRP-USD) lost 2%, BNB (BNB-USD) gained 1.5%, and Solana (SOL-USD) sank 3.6%.

Dogecoin (DOGE-USD) tumbled 2.8%, while Cardano (ADA-USD) dropped 1.5%.

The US 10-year Treasury yield stood at 4.231% at 3 p.m. ET Thursday, down from 4.254% Wednesday, while the five-year yield fell to 4.005% from 4.029%.

The total market value of the cryptocurrency industry decreased 1.4% in the past 24 hours to $2.76 trillion with trading volume falling 10.3% at $87.3 billion.

Price: 84283.77, Change: -2587.10, Percent Change: -2.98

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The Nasdaq 100 was down 0.5% in late trading, the S&amp;P 500 fell 0.3% and Dow Jones Industrial Average declined 0.1%.</p><p>Bitcoin was down 1.2% at $84,280, according to CoinMarketCap data. 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