Top Cryptocurrencies Rebound; Bitcoin Tops $96,000
Major digital assets rebounded Tuesday after losses in the previous day, with Bitcoin (BTC/USD) climbing over $96,000. The CoinDesk Market Index, which tracks 124 digital assets, jumped 5% in the past 24 hours. The Nasdaq 100 and the S&P 500 eased 0.3% in late trading, while the Dow Jones Industrial Average edged up 0.2% and the S&P 500 pivoted with a marginal gain. Bitcoin, the most popular cryptocurrency, climbed 3.5% to $96,524 with a 24-hour trading volume of around $58 billion, down 15%, according to CoinMarketCap data. Ethereum (ETH/USD), the second-largest digital asset by market value, was 3.8% higher at $3,217. XRP (XRP/USD) gained 6%, BNB (BNB/USD) added 2.7%, and Solana (SOL/USD) was up 3%. Dogecoin (DOGE/USD) jumped 7% and Cardano (ADA/USD) advanced 6.7%. The US 10-year Treasury yield closed at 4.786%, easing from Monday's close of 4.798%, while the five-year yield dropped to 4.590% from 4.613%. The total market value of the cryptocurrency industry increased 4% in the past 24 hours to $3.35 trillion, while the total 24-hour trading volume shrank about 21% to $131.83 billion.