Top Cryptocurrencies Rise; Bitcoin Tops $119,000 Level

MT Newswires Live

07-25

Major digital assets rose broadly Thursday, with Bitcoin (BTC-USD) topping 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 0.4% in late trading, the S&P 500 climbed 0.2%, and the Dow Jones Industrial Average decreased 0.6%.

Bitcoin rose 0.6% to $119,097, according to CoinMarketCap data. The most popular cryptocurrency's 24-hour trading volume surged 11.9% to $74.49 billion.

Ethereum (ETH-USD), the second-largest digital asset by market value, climbed 3.9% to $3,746.

XRP (XRP-USD) gained 0.7%, BNB (BNB-USD) rose 1%, and Solana (SOL-USD) dipped 0.2%. Dogecoin (DOGE-USD) shed 1.5%, and Cardano (ADA-USD) climbed 0.4%.

The US 10-year Treasury yield stood at 4.406% at 3 p.m. ET Thursday, up from 4.386% Wednesday, while the five-year yield rose to 3.970% from 3.933%.

The total market value of the cryptocurrency industry rose 0.8% in the past 24 hours to $3.89 trillion with trading volume up 6.8% to $212.1 billion.

Price: 119169.73, Change: +390.64, Percent Change: +0.33

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