Top Cryptocurrencies Rise; Bitcoin Tops $85,000 Level

Most major digital assets were up late Tuesday, with Bitcoin (BTC/USD) breaching the $85,000 level. The CoinDesk Market Index, which tracks dozens of digital assets including Bitcoin, rose 2.19% in the past 24 hours. The Nasdaq 100 rose 0.9%, the S&P 500 added 0.4%, and the Dow Jones Industrial Average was down fractionally. Bitcoin rose 3.0% to $85,096, according to CoinMarketCap data. The most popular cryptocurrency's 24-hour trading volume dropped 2.8% to $28.12 billion. Ethereum (ETH/USD), the second-largest digital asset by market value, also increased 4.4% to $1,908. XRP (XRP/USD) rose 1.9%, BNB (BNB/USD) rose 0.3%, and Solana (SOL/USD) was up 1%. Dogecoin (DOGE/USD) increased 3.5%, and Cardano (ADA/USD) added 3.2%. The US 10-year Treasury yield stood at 4.156% at 3 p.m. ET Monday, down from 4.244% Monday, while the five-year yield fell to 3.906% from 3.981%. The total market value of the cryptocurrency industry decreased 2.2% in the past 24 hours to $2.74 trillion, with trading volume dropping almost 4.2% to $77.50 billion.