04:00 PM EDT, 03/28/2024 (MT Newswires) -- Most major digital assets rallied Thursday, with bitcoin (BTC-USD) nearing the $71,000 threshold.

The CoinDesk Market Index, which tracks 182 digital assets, was up 3% in the past 24 hours while the Nasdaq 100 was little changed and the S&P 500 and the Dow Jones Industrial Average rose 0.2% each, respectively.

Bitcoin (BTC-USD), the largest cryptocurrency by market value, jumped 3% in the past 24 hours at $70,813.2, according to CoinMarketCap data. Trading volume was $35.79 billion, down 10.4%.

Ethereum (ETH-USD), the second-largest digital asset, was trading 2.1% higher at $3,570.

BNB (BNB-USD), the third-largest digital asset by market value excluding stablecoins, and Solana (SOL-USD), the fourth-largest, both gained 2.2%.

XRP (XRP-USD), Dogecoin (DOGE-USD) and Cardano (ADA-USD) were up 2.3%, 23.3% and 1.1%, respectively. Avalanche (AVAX-USD) rose 1.5%.

The US 10-year Treasury yield closed at 4.200% on Thursday, compared to 4.194% Wednesday, while the five-year Treasury yield closed at 4.212%, up from 4.186% a day ago.

The total market value of the cryptocurrency industry increased 3% in the last 24 hours at $2.66 trillion. The total trading volumes decreased 10.1% to $103.95 billion.

Price: 264.01, Change: +7.31, Percent Change: +2.85