Top cryptocurrencies slumped Friday with bitcoin (BTC-USD) tumbling below $77,000.
The CoinDesk Market Index, which tracks dozens of digital assets including Bitcoin, fell 5% in the past 24 hours. The Nasdaq 100 declined 2.9%, the S&P 500 dropped 1.8%, and the Dow Jones Industrial Average lost 1.1%.
Bitcoin fell 5.1% to $76,705, according to CoinMarketCap data. The most popular cryptocurrency's 24-hour trading volume more than doubled to $59.8 billion.
Ethereum (ETH-USD), the second-largest digital asset by market value, dropped 4.1% to $2,236.
XRP (XRP-USD) declined 2.8%, BNB (BNB-USD) lost 6.2%, and Solana (SOL-USD) shed 5.5%. Dogecoin (DOGE-USD) decreased 5.3%, and Cardano (ADA-USD) fell 4.9%.
The total market value of the cryptocurrency industry fell 4.6% in the past 24 hours to $2.58 trillion, with trading volume almost doubling to $150.7 billion.
Price: 76722.60, Change: -1068.77, Percent Change: -1.37
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