Major digital assets fell Monday with Bitcoin (BTC-USD) hovering just above $111,000.
The CoinDesk Market Index, which tracks dozens of digital assets including Bitcoin, shed almost 2.9% in the past 24 hours. The Nasdaq fell 0.1, the S&P 500 eased 0.3%, and the Dow Jones Industrial Average decreased 0.7%.
Bitcoin shed 1.2% to $111,209, according to CoinMarketCap data. The most popular cryptocurrency's 24-hour trading volume surged 32.6% to $81.56 billion.
Ethereum (ETH-USD), the second-largest digital asset by market value, dropped 6.7% to $4,466.
XRP (XRP-USD) lost 4.2%, BNB (BNB-USD) declined 1.1%, and Solana (SOL-USD) fell 6.1%. Dogecoin (DOGE-USD) shed 8.1%, while Cardano (ADA-USD) lost 7%.
The US 10-year Treasury yield stood at 4.273% at 3 p.m. ET Monday, up from 4.258% Friday, while the five-year yield rose to 3.783% from 3.759%.
The total market value of the cryptocurrency industry declined 3.3% in the past 24 hours to $3.83 trillion, with trading volume up 37.8% to $225.69 billion.
Price: 111188.70, Change: -2282.89, Percent Change: -2.01