Top Cryptocurrencies Fall; Bitcoin Holds Above $70,000

MT Newswires Live

03/13

Major digital assets fell Thursday with Bitcoin (BTC-USD) easing while still holding above $70,000.

The CoinDesk Market Index, which tracks dozens of digital assets including Bitcoin, fell 0.8% in the past 24 hours. The Nasdaq shed 1.8%, the Dow Jones Industrial Average dropped 1.6, and the S&P 500 lost 1.5%.

Bitcoin fell 0.3% to $70,440, according to CoinMarketCap data. The most popular cryptocurrency's 24-hour trading volume dropped 14% to $40.7 billion.

Ethereum (ETH-USD), the second-largest digital asset by market value, fell 0.2% to $2,071.

XRP (XRP-USD) shed 0.9%, BNB (BNB-USD) dropped 0.4%, and Solana (SOL-USD) declined 0.7%. Dogecoin (DOGE-USD) rose 0.5%, and Cardano (ADA-USD) fell 1.2%.

The US 10-year Treasury yield stood at 4.267% at 3 p.m. ET Thursday, up from 4.204% Wednesday, while the five-year yield rose to 3.878% from 3.780%.

The total market value of the cryptocurrency industry fell 0.4% in the past 24 hours to $2.4 trillion, with trading volume dropping 0.3% to $144.6 billion.

Price: 70433.34, Change: +230.57, Percent Change: +0.33

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