Top Cryptocurrencies Mixed; Bitcoin Tops $96,000 Level

MT Newswires Live

05-08

Major digital assets were mixed late Wednesday, with Bitcoin (BTC-USD) topping the $96,000 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 0.3% in late trading, the S&P 500 climbed 0.5%, and the Dow Jones Industrial Average increased 0.7%.

Bitcoin was up 1.2% at $96,292, according to CoinMarketCap data. The most popular cryptocurrency's 24-hour trading volume surged 71.3% to $40.64 billion.

Ethereum (ETH-USD), the second-largest digital asset by market value, was up 0.3% to $1,795.

XRP (XRP-USD) lost 1.3%, BNB (BNB-USD) dipped 0.1%, and Solana (SOL-USD) rose 0.6%. Dogecoin (DOGE-USD) rose 0.4%, and Cardano (ADA-USD) fell 0.8%.

The US 10-year Treasury yield stood at 4.269% at 3 p.m. ET Wednesday, down from 4.306% Tuesday, while the five-year yield fell to 3.870% from 3.897%.

The total market value of the cryptocurrency industry rose 0.9% in the past 24 hours to $2.98 trillion, with trading volume up 30.9% to $88.76 billion.

Price: 96198.31, Change: -630.71, Percent Change: -0.65

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