Top Cryptocurrencies Rise; Bitcoin Tops $70,000

MT Newswires Live

02/07

Major digital assets rose Friday, with Bitcoin (BTC-USD) topping $70,000.

The CoinDesk Market Index, which tracks dozens of digital assets including Bitcoin, rose 9.6% in the past 24 hours. The Nasdaq 100 rose 2%, the S&P 500 climbed 2.2%, and the Dow Jones Industrial Average increased 2.6%.

Bitcoin surged 12.3% to $70,394, according to CoinMarketCap data. The most popular cryptocurrency's 24-hour trading volume rose 11.3% to $127.04 billion.

Ethereum (ETH-USD), the second-largest digital asset by market value, climbed 12.6% to $2,069.

XRP (XRP-USD) rose 23.8%, BNB (BNB-USD) gained 6.1%, and Solana (SOL-USD) added 11.4%. Dogecoin (DOGE-USD) advanced 11.2%, while Cardano (ADA-USD) rose 11.2%.

The US 10-year Treasury yield stood at 4.204% at 3 p.m. ET Friday, down from 4.208% Thursday.

The total market value of the cryptocurrency industry advanced 9.5% in the past 24 hours to $2.39 trillion, with trading volume gaining 12.2% to $144.61 billion.

Price: 70254.16, Change: +7452.89, Percent Change: +11.87

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The Nasdaq 100 rose 2%, the S&amp;P 500 climbed 2.2%, and the Dow Jones Industrial Average increased 2.6%.</p><p>Bitcoin surged 12.3% to $70,394, according to CoinMarketCap data. The most popular cryptocurrency's 24-hour trading volume rose 11.3% to $127.04 billion.</p><p>Ethereum (ETH-USD), the second-largest digital asset by market value, climbed 12.6% to $2,069.</p><p>XRP (XRP-USD) rose 23.8%, BNB (BNB-USD) gained 6.1%, and <a href=\"https://laohu8.com/S/HSDT\">Solana</a> (SOL-USD) added 11.4%. 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