Major digital assets fell Monday with Bitcoin (BTC-USD) dropping below the $94,000 level.
The CoinDesk Market Index, which tracks 124 digital assets, shed 4% in the past 24 hours. The Nasdaq 100 eased 0.4% and the S&P 500 increased less than 0.1% in late trading, while the Dow Jones Industrial Average edged up 0.8%.
Bitcoin, the most popular cryptocurrency, was 1.5% lower at $93,226 with its 24-hour trading volume more than tripling to $69 billion, according to CoinMarketCap data.
Ethereum (ETH-USD), the second-largest digital asset by market value, slid 5.5% at $3,096.
XRP (XRP-USD) eased 1.7%, BNB (BNB-USD) lost 2.6%, and Solana (SOL-USD) dipped 3.7%.
Dogecoin (DOGE-USD) dropped 1.4% and Cardano (ADA-USD) tumbled 4.7%.
The total market value of the cryptocurrency industry decreased 2.8% in the past 24 hours to $3.22 trillion, while the total 24-hour trading volume rose 137% to $167.3 billion.
Price: 250.09, Change: -8.69, Percent Change: -3.36
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