04:10 PM EDT, 07/12/2024 (MT Newswires) -- Most major digital assets rose on Friday, with bitcoin (BTC-USD) holding above the $57,000 level.

The CoinDesk Market Index, which tracks 192 digital assets, gained 0.7% in the past 24 hours. The Nasdaq 100, S&P 500, and Dow Jones Industrial Average all gained around 0.8%.

Bitcoin (BTC-USD), the largest cryptocurrency by market value, was up 0.4% at $57,637, with a 24-hour trading volume of $25.72 billion, down 9.1%, according to CoinMarketCap data.

The most popular cryptocurrency is on pace to conclude the week with a gain of more than 2%.

Ethereum (ETH-USD), the second-largest digital asset, was 0.4% higher at $3,118 and heading for a weekly gain of over 4%.

BNB (BNB-USD), the third-largest digital asset by market value excluding stablecoins, climbed 1.1%, while Solana (SOL-USD), the fourth-largest, added 1.3%.

XRP (XRP-USD) added 4.8%, Cardano (ADA-USD) advanced 4.6%, and Dogecoin (DOGE-USD) rose 0.3%.

The US 10-year Treasury yield closed at 4.185%, down from Thursday's close of 4.191%, while the five-year yield closed at 4.109%, down from 4.123%.

The total market value of the cryptocurrency industry increased 0.6% in the past 24 hours to $2.14 trillion. Trading volume shrank 7.4% to $61.24 billion.

Price: 218.44, Change: +0.42, Percent Change: +0.19