Top Cryptocurrencies Rise; Bitcoin Trades Above $97,000 Level

Major digital assets were firmer Thursday, with Bitcoin (BTC/USD) trading above the $97,000 level. The CoinDesk Market Index, which tracks 126 digital assets, rose 3.3% in the past 24 hours. US stock indexes were in the red in late trading, with the Nasdaq 100 down 0.3%, while the S&P 500 and the Dow Jones Industrial Average about 0.3% and 0.4% lower, respectively. Bitcoin climbed 3% to $97,433, with a 24-hour trading volume of $46.5 billion, up 90.5%, according to CoinMarketCap data. Ethereum (ETH/USD), the second-largest digital asset by market value, was up 2.9% at $3,450. XRP (XRP/USD) rose 3.6%, while BNB (BNB/USD) was down 0.2%, and Solana (SOL/USD) added 6.8%. Dogecoin (DOGE/USD) was 4% higher, and Cardano (ADA/USD) rose 3.9%. The US 10-year Treasury yield closed at 4.573%, up from Tuesday's close of 4.569%, while the five-year yield fell to 4.378% from 4.382%. The total market value of the cryptocurrency industry increased 2.7% in the past 24 hours to $3.41 trillion, while the total 24-hour trading volume surged 57.3% to $131.74 billion.