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

MT Newswires Live

07-18

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.

Price: 119324.87, Change: +602.07, Percent Change: +0.51

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