From Investing.com: 2024-04-29 18:40:12

The Standard & Poor’s 500 Index (SPX) closed at 4,186.72 on April 29, marking a 0.82% decrease from the previous day’s close. The US Dollar Currency Index (DXY) also experienced a slight decline, dropping to 90.85. Bitcoin (BTC) saw a 2.15% decrease in price, falling to $53,548. Ethereum (ETH) followed suit with a 2.29% decrease to $2,660.96.

Bitcoin (BTC) and Ethereum (ETH) weren’t the only cryptocurrencies to see a decrease in price on April 29. Binance Coin (BNB) dropped 2.60% to $546.49, Solana (SOL) fell 1.93% to $33.75, and Ripple (XRP) decreased by 3.44% to $1.31. Additionally, Dogecoin (DOGE) saw a 2.43% decrease in price to $0.3018, while Cardano (ADA) experienced a 1.99% decrease to $1.30.

The news of price decreases in the cryptocurrency market comes amidst ongoing volatility and uncertainty in the global economy. Investors are closely monitoring the market to gauge the impact of various factors, including regulatory developments and market trends. The fluctuations in prices highlight the need for caution and strategic decision-making when it comes to investing in cryptocurrencies.

Read more at Investing.com: Price analysis 4/29: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA