04:04 PM EDT, 03/25/2024 (MT Newswires) -- Most major digital assets rallied Monday, with bitcoin (BTC-USD) zooming past the $70,000 threshold.

The CoinDesk Market Index, which tracks 182 digital assets, was up 7.3% in the past 24 hours while the Nasdaq 100 and S&P 500 were both down 0.2% each and the Dow Jones Industrial Average declined 0.4%.

Bitcoin (BTC-USD), the largest cryptocurrency by market value, jumped 7.7% in the past 24 hours at $70,960, according to CoinMarketCap data. Trading volume was $42.52 billion, up 77.7%.

Ethereum (ETH-USD), the second-largest digital asset, was trading 7.5% higher at $3,640.

BNB (BNB-USD), the third-largest digital asset by market value excluding stablecoins, rose 5.5% and Solana (SOL-USD), the fourth-largest, increased 8.9%.

XRP (XRP-USD), Dogecoin (DOGE-USD) and Cardano (ADA-USD) gained 4.1%, 3.2% and 5.1%, respectively. Avalanche (AVAX-USD) jumped 7.8%.

The US 10-year Treasury yield closed at 4.251% on Monday, compared to 4.216% Friday, while the five-year Treasury yield closed at 4.232%, up from 4.198% Friday.

The total market value of the cryptocurrency industry increased 6.8% in the last 24 hours to $2.67 trillion. The total trading volumes increased 57.9% to $109.31 billion.

Price: 278.42, Change: +22.91, Percent Change: +8.97