Crypto Market Retreats on September 24 Amid Rising US Bond Yields
The cryptocurrency market saw a decline on September 24, with total market capitalization falling approximately 3.15% to $2.83 trillion by midday UTC. The downturn is attributed to rising US bond yields dampening risk appetite. Bitcoin dropped below $84,000, while Ethereum, XRP, and Solana also experienced losses following their recent rally.
Summaries are written by AI from the original article. Not investment advice.