Market Wrap: Markets Trade Lower Despite Success of Ethereum Merge

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Bitcoin (BTC): $19,823 −0.4%

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Ether (ETH): $1,505 −5.6%

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CoinDesk Market Index (CMI): $990 −1.9%

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S&P 500 daily close: 3,901.35 −1.1%

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Gold: $1,674 per troy ounce −1.3%

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Ten-year Treasury yield daily close: 3.46% +0.05

Bitcoin, ether and gold prices are taken at approximately 4pm New York time. Bitcoin is the CoinDesk Bitcoin Price Index (XBX); Ether is the CoinDesk Ether Price Index (ETX); Gold is the COMEX spot price. Information about CoinDesk Indices can be found at coindesk.com/indices.