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Top Cryptocurrencies Mixed; Bitcoin Rebounds to Top $59,000
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Top Cryptocurrencies Mixed; Bitcoin Rebounds to Top $59,000
Aug 29, 2024 2:42 PM

04:06 PM EDT, 08/29/2024 (MT Newswires) -- Most major digital assets were mixed late Thursday, with bitcoin (BTC-USD) rebounding to top $59,000.

The CoinDesk Market Index, which tracks 134 digital assets, was down 0.4% in the past 24 hours. The Nasdaq 100 eased 0.1%, the S&P 500 was little changed and the Dow Jones Industrial Average climbed 0.6%.

Bitcoin (BTC-USD) was up 0.1% at $59,232 with a 24-hour trading volume of $33.4 billion, down about 30%, according to CoinMarketCap data. The most popular cryptocurrency slumped to $58,692 earlier in the 24-hour period.

Ethereum (ETH-USD), the second-largest digital asset, was 0.5% higher at $2,528.

BNB (BNB-USD), the third-largest digital asset by market value excluding stablecoins, eased 0.2%, while Solana (SOL-USD), the fourth-largest, dropped 3.6%.

XRP (XRP-USD) shed 2.1%, Dogecoin (DOGE-USD) fell 0.7%, while Cardano (ADA-USD) gained 0.2%.

The US 10-year Treasury yield closed at 3.865%, up from Wednesday's close of 3.839%, while the five-year yield closed at 3.668%, up from 3.664%.

The total market value of the cryptocurrency industry was little changed in the past 24 hours at $2.09 trillion. Trading volume fell 33% to $68.91 billion.

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