04:01 PM EDT, 10/11/2024 (MT Newswires) -- Most major digital assets advanced Friday, with bitcoin (BTC-USD) soaring close to the $63,000 level.

The CoinDesk Market Index, which tracks 126 digital assets, surged 5.9% in the past 24 hours. Wall Street also rose, with the Nasdaq composite index 0.3% higher, the S&P 500 up 0.7% and Dow Jones Industrial Average gaining 1%.

Bitcoin was 5.6% higher at $62,948, with a 24-hour trading volume of $30.8 billion, according to CoinMarketCap data. The most popular cryptocurrency was on track for a weekly gain of around 1%.

Ethereum (ETH-USD), the second-largest digital asset, climbed 4.1% to $2,458 and headed for a weekly gain of more than 1%.

BNB (BNB-USD), the third-largest digital asset by market value excluding stablecoins, was up 2.7%, while Solana (SOL-USD), the fourth-largest, jumped 5.6%.

XRP (XRP-USD) added 2.5%, Cardano (ADA-USD) surged 5.3%, and Dogecoin (DOGE-USD) soared 6.3%.

The US 10-year Treasury yield closed at 4.071%, down from Thursday's close of 4.094%, while the five-year yield closed at 3.877%, down from 3.917%.

The total market value of the cryptocurrency industry increased nearly 5% in the past 24 hours to $2.19 trillion. Trading volume shrank about 6% to $67.51 billion.

Price: 176.03, Change: +11.76, Percent Change: +7.16