04:01 PM EDT, 05/03/2024 (MT Newswires) -- Most major digital assets rose Friday, with bitcoin (BTC-USD) hovering near $62,000.

The CoinDesk Market Index, which tracks 187 digital assets, was up 3.7% in the past 24 hours while the Nasdaq 100, the S&P 500, and the Dow Jones Industrial Average rose 2%, 1.3% and 1.2%, respectively.

Bitcoin (BTC-USD), the largest cryptocurrency by market value, was up 4.5% in the past 24 hours at $61,855, according to CoinMarketCap data. Trading volume was $31.47 billion, down 9.4%.

However, the most popular cryptocurrency is on pace to conclude the week with a loss of more than 3%.

Ethereum (ETH-USD), the second-largest digital asset, was trading 2.6% higher at $3,073, though it was headed for a weekly loss of more than 2%

BNB (BNB-USD), the third-largest digital asset by market value excluding stablecoins, was up 3.1% and Solana (SOL-USD), the fourth-largest, jumped 3.0%.

XRP (XRP-USD), Dogecoin (DOGE-USD), and Toncoin rose 1.0%, 5.4% and 11.2%, respectively. Cardano (ADA-USD) was trading 2.1% higher.

The US 10-year Treasury yield closed at 4.502% on Friday, down from 4.567% Thursday, while the five-year Treasury yield closed at 4.483%, down from 4.565% a day ago.

The total market value of the cryptocurrency industry rose 3.5% in the last 24 hours to $2.29 trillion. The total trading volumes decreased 11.5% to $72.04 billion.

Price: 223.40, Change: -5.45, Percent Change: -2.38