Top Cryptocurrencies Mostly Firmer; Bitcoin Tops $87,000 Level

Major digital assets were firmer late Thursday afternoon, with Bitcoin (BTC/USD) crossing the $87,000 level. The CoinDesk Market Index, which tracks dozens of digital assets including Bitcoin, was up almost 1.1% in the past 24 hours. The Nasdaq 100 was down 0.5% in late trading, the S&P 500 was down 0.2%, and the Dow Jones Industrial Average declined 0.2%. Bitcoin rose 0.6% to $87,218, according to CoinMarketCap data. The most popular cryptocurrency's 24-hour trading volume declined 10.4% to $25.8 billion. Ethereum (ETH/USD), the second-largest digital asset by market value, ticked up 0.2% to $2,006. XRP (XRP/USD) dropped 1.6%, BNB (BNB/USD) rose 3.5%, and Solana (SOL/USD) added 0.9%. Dogecoin (DOGE/USD) was down 1.2%, while Cardano (ADA/USD) advanced 0.8%. The US 10-year Treasury yield stood at 4.365% at 3 p.m. ET Thursday, up from 4.336% Wednesday, while the five-year yield rose to 4.096% from 4.082%. The total market value of the cryptocurrency industry increased 0.7% in the past 24 hours to $2.85 trillion, with trading volume declining 4.3% at $76 billion.