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Top Cryptocurrencies Fall; Bitcoin Falls Below $75,000

-- Top cryptocurrencies fell Tuesday, with Bitcoin (BTC-USD) dropping below the $75,000 level.

The CoinDesk Market Index, which tracks dozens of digital assets including Bitcoin, fell almost 0.6% in the past 24 hours. The Nasdaq 100 fell 0.5%, the S&P 500 and the Dow Jones Industrial Average were down about 0.6% each.

Bitcoin dropped 1.7% to $74,985, according to CoinMarketCap data. The most popular cryptocurrency's 24-hour trading volume fell 7.1% to $37.1 billion.

Ethereum (ETH-USD), the second-largest digital asset by market value, dipped 1.4% to $2,297.

XRP (XRP-USD) declined 1%, BNB (BNB-USD) fell 0.7%, and Solana (SOL-USD) shed 1.6%. Dogecoin (DOGE-USD) dropped 1.6%, and Cardano (ADA-USD) lost 1.6%.

The US 10-year Treasury yield stood at 4.289% at 3 p.m. ET Tuesday, up from 4.248% Monday, while the five-year yield rose to 3.906% from 3.848%.

The total market value of the cryptocurrency industry fell 0.6% in the past 24 hours to $2.55 trillion, with trading volume declining 1.5% to $153.37 billion.

Price: $74991.13, Change: $-863.67, Percent Change: -1.14%

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