Top Cryptocurrencies Fall; Bitcoin Trades Below $102,000 Level

Most major digital fell Monday, with Bitcoin (BTC/USD) trading below the $102,000 level. The CoinDesk Market Index, which tracks 124 digital assets, fell 5.8% in the past 24 hours. US equity indexes were mixed in late trading, with the Nasdaq 100 down 3.3% and the S&P 500 shedding 1.7%, while the Dow Jones Industrial Average edged up 0.5%. Bitcoin was 3.1% lower at $101,686 according to CoinMarketCap data. The most popular cryptocurrency's 24-hour trading volume rose by more than threefold to $88.13 billion. Ethereum (ETH/USD), the second-largest digital asset by market value, slid 5.5% to $3,146. XRP (XRP/USD) was down 4.1%, Solana (SOL/USD) sank 7.3%, and BNB (BNB/USD) fell 1.9%. Dogecoin (DOGE/USD) shed 5.6% and Cardano (ADA/USD) lost 6%. The US 10-year Treasury yield closed at 4.526%, down from Friday's close of 4.625%, while the five-year yield fell to 4.326% from 4.43%. The total market value of the cryptocurrency industry decreased 4% in the past 24 hours at $3.46 trillion, while trading volume more than doubled to $209.84 billion.