Top Cryptocurrencies Fall; Bitcoin Trades Around $94,000 Level

MT Newswires Live
02-19

Major digital assets were weaker late afternoon Tuesday, with Bitcoin (BTC-USD) trading around the $94,000 level.

The CoinDesk Market Index, which tracks dozens of digital assets including Bitcoin, fell 2.8% in the past 24 hours. The Nasdaq 100 edged down 0.1% in late trading, the S&P 500 was flat, while the Dow Jones Industrial Average eased 0.2%.

Bitcoin was down 2.1% at $94,064, according to CoinMarketCap data. The most popular cryptocurrency's 24-hour trading volume rose 24% to $34.22 billion.

Ethereum (ETH-USD), the second-largest digital asset by market value, fell 3.9% to $2,630.

XRP (XRP-USD) slumped 5.9%, BNB (BNB-USD) shed 4.3%, and Solana (SOL-USD) lost 8.1%.

Dogecoin (DOGE-USD) dropped 4.2%, while Cardano (ADA-USD) slid 7.1%.

The US 10-year Treasury yield stood at 4.541% at 3 p.m. ET Tuesday, up from 4.476% Friday, while the five-year yield eased to 4.317% from 4.327%.

The total market value of the cryptocurrency industry decreased 3.1% in the past 24 hours to $3.09 trillion, with the overall trading volume up nearly 10% at $102.93 billion.

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