04:01 PM EST, 12/11/2024 (MT Newswires) -- Major digital assets advanced Wednesday with Bitcoin (BTC-USD) trading above $101,000.

The CoinDesk Market Index, which tracks 126 digital assets, climbed 6.3% in the past 24 hours. The Nasdaq 100 and S&P 500 were up 1.8% and 0.9% in late trade, respectively, while the Dow Jones Industrial Average eased 0.1%.

Bitcoin was 5.1% higher at $101,460, according to CoinMarketCap data. The most popular cryptocurrency's 24-hour trading volume shrank 27% to $87.15 billion.

Ethereum (ETH-USD), the second-largest digital asset by market value, jumped 5.1% to $3,833.

XRP (XRP-USD) surged 6.2%, while Solana (SOL-USD) soared 7.3%.

BNB (BNB-USD) added 4.4%, Dogecoin (DOGE-USD) gained 6.4%, and Cardano (ADA-USD) advanced 10.9%.

The US 10-year Treasury yield closed at 4.269%, up from Tuesday's close of 4.219%, while the five-year yield rose to 4.133% from 4.095%.

The total market value of the cryptocurrency industry increased 6% in the past 24 hours to $3.62 trillion. Total trading volume dropped 38.2% to $230.87 billion.

Price: 314.54, Change: +12.12, Percent Change: +4.01