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Top Cryptocurrencies Rise; Bitcoin Tops $68,000
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Top Cryptocurrencies Rise; Bitcoin Tops $68,000
Mar 7, 2024 1:24 PM

04:01 PM EST, 03/07/2024 (MT Newswires) -- Most major digital assets continued their rally Thursday with bitcoin (BTC-USD) topping $68,000.

The CoinDesk Market Index, which tracks 183 digital assets, was up 1.5% in the past 24 hours while the Nasdaq 100, S&P 500 and the Dow Jones Industrial Average rose 1.5%, 1% and 0.3%, respectively.

Bitcoin (BTC-USD), the largest cryptocurrency by market value, increased 1.4% in the past 24 hours to $67,881 after reaching a day high of $68,029, according to CoinMarketCap data. Trading volume was $47.14 billion, down 39%.

Ethereum (ETH-USD), the second-largest digital asset, was up 1.8% at $3,932.

BNB (BNB-USD), the third-largest digital asset by market value excluding stablecoins, jumped 10% and Solana (SOL-USD), the fourth-largest, soared 13%.

XRP (XRP-USD), Cardano (ADA-USD) and Dogecoin (DOGE-USD) increased 4.5%, 3.6% and 0.6%, respectively. Shiba Inu (SHIB-USD) declined 7.9%.

The US 10-year Treasury yield closed at 4.092% on Thursday, compared to 4.106% Wednesday, while the five-year Treasury yield closed at 4.084%, down from 4.117%.

The total market value of the cryptocurrency industry was up 2.1% in the last 24 hours at $2.57 trillion. The total trading volumes decreased 31% to $137.51 billion.

Price: 242.38, Change: +3.82, Percent Change: +1.60

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