Top Cryptocurrencies Rise; Bitcoin Rises Above $119,000 Level

Major digital assets rose Thursday with Bitcoin (BTC/USD) rising above the $119,000 level. The CoinDesk Market Index, which tracks dozens of digital assets including Bitcoin, rose 1.1% in the past 24 hours. The Nasdaq 100 rose 0.8% in late trading, the S&P 500 climbed 0.6%, and the Dow Jones Industrial Average both increased 0.5%. Bitcoin was up 0.3% to $119,390, according to CoinMarketCap data. The most popular cryptocurrency's 24-hour trading volume fell 3.2% to $68.24 billion. Ethereum (ETH/USD), the second-largest digital asset by market value, rose 1.8% to $3,426. XRP (XRP/USD) jumped 10%, BNB (BNB/USD) gained 1.7%, Solana (SOL/USD) rose 0.3%, Dogecoin (DOGE/USD) gained 2.2%, and Cardano (ADA/USD) climbed 5.9%. The US 10-year Treasury yield stood at 4.461% at 3 p.m. ET Thursday, up from 4.453% Wednesday, while the five-year yield rose to 4.003% from 3.983%. The total market value of the cryptocurrency industry rose 1.3% in the past 24 hours to $3.85 trillion, with trading volume up 10.3% to $206.41 billion.