Top cryptocurrencies rose Wednesday, with Bitcoin (BTC-USD) rising above the $70,000 level.
The Nasdaq 100 rose 0.5%, the S&P 500 gained 0.4%, and the Dow Jones Industrial Average advanced 5%.
Bitcoin rose 2.3% to $70,905.4, according to CoinMarketCap data. The most popular cryptocurrency's 24-hour trading volume rose 1.6% to $38.09 billion.
Ethereum (ETH-USD), the second-largest digital asset by market value, rose 2.6% to $2,171.4.
XRP (XRP-USD) increased 1.6%, BNB (BNB-USD) rose 2.5%, and Solana (SOL-USD) gained 3.2%. Dogecoin (DOGE-USD) advanced 3.5%, and Cardano (ADA-USD) increased 4%.
The total market value of the cryptocurrency industry rose 1.8% in the past 24 hours to $2.43 trillion, with trading volume increasing 1.3% to $92.52 billion.
Price: 70875.86, Change: +350.30, Percent Change: +0.50