Top Cryptocurrencies Firmer; Bitcoin Tops $104,000 Level
Major digital assets were firmer late Wednesday, with Bitcoin (BTC/USD) crossing the $104,000 level. The CoinDesk Market Index, which tracks 124 digital assets, climbed 1.4% in the past 24 hours. The Nasdaq 100 was down 0.6% in late trading, while the S&P 500 and the Dow Jones Industrial Average eased 0.4% and 0.2%, respectively. Bitcoin was 2.6% higher at $104,069 according to CoinMarketCap data. The most popular cryptocurrency's 24-hour trading volume dropped 2.8% to $47.21 billion. Ethereum (ETH/USD), the second-largest digital asset by market value, edged up 1.1% at $3,138. XRP (XRP/USD) was 0.4% higher, while Solana (SOL/USD) advanced 2.6%. BNB (BNB/USD) gained 0.8%. Dogecoin (DOGE/USD) jumped 2.9%, and Cardano (ADA/USD) added 2.8%. The US 10-year Treasury yield closed at 4.553%, rising from Tuesday's close of 4.546%, while the five-year yield climbed to 4.355% from 4.34%. The total market value of the cryptocurrency industry increased 1.8% in the past 24 hours at $3.53 trillion, while trading volume rose 1.2% to $122.66 billion.