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Top Cryptocurrencies Rise; Bitcoin Advances Near $67,000
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Top Cryptocurrencies Rise; Bitcoin Advances Near $67,000
May 17, 2024 1:05 PM

03:59 PM EDT, 05/17/2024 (MT Newswires) -- Most major digital assets were rising Friday, with bitcoin (BTC-USD) rising to $67,000.

The CoinDesk Market Index, which tracks 193 digital assets, was up 3% in the past 24 hours while the Nasdaq 100 declined 0.1% and the S&P 500 and the Dow Jones Industrial Average rose 0.1% and 0.3%, respectively.

Bitcoin (BTC-USD), the largest cryptocurrency by market value, jumped 2.5% in the last 24 hours at $66,917, according to CoinMarketCap data. Trading volume was $28.56 billion, down 17%.

The most popular cryptocurrency is on pace to conclude the week with a gain of 11%.

Ethereum (ETH-USD), the second-largest digital asset, was trading 4.7% higher at $3,088 and headed for a weekly gain of 6.4%.

BNB (BNB-USD), the third-largest digital asset by market value excluding stablecoins, rose 2.1% and Solana (SOL-USD), the fourth-largest, was up 5.8%.

XRP (XRP-USD) increased 1%; Toncoin (TON-USD) declined 0.4%; and Dogecoin (DOGE-USD) was up 2.5%. Cardano (ADA-USD) was trading 5.1% higher.

The US 10-year Treasury yield closed at 4.420% on Friday, compared to 4.375% Thursday, while the five-year Treasury yield closed at 4.441%, up from 4.398% a day ago.

The total market value of the cryptocurrency industry was up 3% in the last 24 hours at $2.43 trillion. The total trading volumes decreased 12% to $76.09 billion.

Price: 207.51, Change: +8.34, Percent Change: +4.19

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