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Top Cryptocurrencies Rebound; Bitcoin Soars Close to $62,000
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Top Cryptocurrencies Rebound; Bitcoin Soars Close to $62,000
Jun 25, 2024 1:25 PM

04:03 PM EDT, 06/25/2024 (MT Newswires) -- Most major digital assets rose on Tuesday with bitcoin (BTC-USD) rebounding to near the $62,000 mark.

The CoinDesk Market Index, which tracks 192 digital assets, was up 4% in the past 24 hours. The Nasdaq 100 and S&P 500 rose 1.1% and 0.4%, respectively, while the Dow Jones Industrial Average dropped 0.7%.

Bitcoin (BTC-USD), the largest cryptocurrency by market value, climbed more than 4% in the past 24 hours to $62,094.29, according to CoinMarketCap data. Trading volume shrank 10.3% to $34.35 billion.

Ethereum (ETH-USD), the second-largest digital asset, gained 4% to $3,416.

BNB (BNB-USD), the third-largest digital asset by market value excluding stablecoins, rose 3.3%, while Solana (SOL-USD), the fourth-largest, soared 8.9%.

XRP (XRP-USD) added 2%, Dogecoin (DOGE-USD) surged 10.5%, Cardano (ADA-USD) advanced 7.4%, while Toncoin (TON-USD) was up 1.7%.

The US 10-year Treasury yield closed at 4.238%, down from Monday's 4.248%, while the five-year Treasury yield closed at 4.263%, down from 4.271%.

The total market value of the cryptocurrency industry was 3.3% higher in the past 24 hours at $2.29 trillion. Trading volume decreased 11.4% to $78.97 billion.

Price: 221.80, Change: +9.49, Percent Change: +4.47

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