Top Cryptocurrencies Rise; Bitcoin Crosses $105,000 Level
Major digital assets rose Thursday, with Bitcoin (BTC/USD) advancing past the $105,000 level. The CoinDesk Market Index, which tracks 124 digital assets, was up 2.3% in the past 24 hours. The Nasdaq 100 and the S&P 500 each climbed about 0.8% in late trading, while the Dow Jones Industrial Average gained 0.6%. Bitcoin was up 1% at $105,268, according to CoinMarketCap data. The most popular cryptocurrency's 24-hour trading volume dropped 2.4% to $45.39 billion. Ethereum (ETH/USD), the second-largest digital asset by market value, jumped 3.5% to $3,244. XRP (XRP/USD) climbed 0.9%, Solana (SOL/USD) added 2%, and BNB (BNB/USD) rose 1.3%. Dogecoin (DOGE/USD) was 0.6% higher, and Cardano (ADA/USD) was up 1.8%. The US 10-year Treasury yield stood at 4.512% at 3:00 pm ET Thursday, down from 4.553% same time Wednesday, while the five-year yield eased to 4.31% from 4.355%. The total market value of the cryptocurrency industry increased 1.6% in the past 24 hours to $3.58 trillion, while the 24-hour trading volume declined about 6% to $116.11 billion.