Top Cryptocurrencies Mixed; Bitcoin Holds Above $101,000 Level
Major digital assets were mixed Tuesday, with Bitcoin (BTC/USD) holding ground above the $101,000 level. The CoinDesk Market Index, which tracks 124 digital assets, rose 1.9% in the past 24 hours. The Nasdaq 100 was up 1.8% in late trading, while the S&P 500 and the Dow Jones Industrial Average climbed 1% and 0.3%, respectively. Bitcoin was up 0.6% at $101,761 according to CoinMarketCap data. The most popular cryptocurrency's 24-hour trading volume dropped about 44% to $48.65 billion. Ethereum (ETH/USD), the second-largest digital asset by market value, eased 0.9% at $3,109. XRP (XRP/USD) added 3.3%, while Solana (SOL/USD) and BNB (BNB/USD) shed 2.6% and 0.9%, respectively. Dogecoin (DOGE/USD) lost 2.8%, and Cardano (ADA/USD) fell 0.6%. The US 10-year Treasury yield closed at 4.546%, up from Monday's close of 4.526%, while the five-year yield rose to 4.34% from 4.326%. The total market value of the cryptocurrency industry increased 0.9% in the past 24 hours at $3.47 trillion, while trading volume shrank 42% to $121.22 billion.