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Cryptocurrency Index Gains; Bitcoin Tops $70,000
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Cryptocurrency Index Gains; Bitcoin Tops $70,000
Apr 11, 2024 1:19 PM

04:02 PM EDT, 04/11/2024 (MT Newswires) -- Most major digital assets rose Thursday with bitcoin (BTC-USD) climbing past $70,000.

The CoinDesk Market Index, which tracks 182 digital assets, was up 1% in the past 24 hours, while the Nasdaq 100, S&P 500 and the Dow Jones Industrial Average rose 1.7%, 0.9% and 0.2%, respectively.

Bitcoin (BTC-USD), the largest cryptocurrency by market value, rose 0.6% in the past 24 hours to $70,344, according to CoinMarketCap data. Trading volume was $33.21 billion, down 5.3%.

Ethereum (ETH-USD), the second-largest digital asset, was trading 0.2% lower at $3,513.

BNB (BNB-USD), the third-largest digital asset by market value excluding stablecoins, slipped 0.2%, while Solana (SOL-USD), the fourth-largest, rose 2.2%.

XRP (XRP-USD) was down 1.2%, Dogecoin (DOGE-USD) lost 4% and Toncoin (TON-USD) climbed 8.2%. Cardano (ADA-USD) advanced 0.2%.

The US 10-year Treasury yield closed at 4.572% on Thursday, up from 4.548% Wednesday, while the five-year Treasury yield closed at 4.619%, up from 4.604%.

The total market value of the cryptocurrency industry was up 0.8% in the past 24 hours at $2.61 trillion. The total trading volumes decreased 8.9% to $84.64 billion.

Price: 263.35, Change: +12.36, Percent Change: +4.92

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