Top Cryptocurrencies Rise; Bitcoin Holds Above $104,000 Level

Major digital assets rose late afternoon Friday with Bitcoin (BTC/USD) holding above $104,000. The CoinDesk Market Index, which tracks dozens of digital assets including Bitcoin, rose 1.6% in the past 24 hours. The Nasdaq 100 climbed 1.2% in late trading, and the S&P 500 and the Dow Jones Industrial Average both increased 1.1%. Bitcoin was up 2.1% at $104,203, according to CoinMarketCap data. The most popular cryptocurrency's 24-hour trading volume surged 18% to $57.69 billion. Ethereum (ETH/USD), the second-largest digital asset by market value, fell 1.8% to $2,495. XRP (XRP/USD) gained 1.7%, BNB (BNB/USD) rose 0.1%, and Solana (SOL/USD) climbed 1.9%. Dogecoin (DOGE/USD) was up 2.5%, and Cardano (ADA/USD) rose 2.8%. The US 10-year Treasury yield stood at 4.506% at 3 p.m. ET Friday, up from 4.395% Thursday, while the five-year yield rose to 4.126% from 3.391%. The total market value of the cryptocurrency industry rose 1.1% in the past 24 hours to $3.25 trillion, with trading volume up 17% to $135.2 billion.