financetom
Market
financetom
/
Market
/
Top Cryptocurrencies Rise; Bitcoin Tops $71,000
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Top Cryptocurrencies Rise; Bitcoin Tops $71,000
Apr 8, 2024 1:42 PM

04:00 PM EDT, 04/08/2024 (MT Newswires) -- Most major digital assets rallied Monday, with bitcoin (BTC-USD) topping $71,000.

The CoinDesk Market Index, which tracks 182 digital assets, was up 4.6% in the past 24 hours, while the S&P 500 and the Dow Jones Industrial Average decreased fractionally and the Nasdaq 100 was up marginally.

Bitcoin (BTC-USD), the largest cryptocurrency by market value, rose 3.5% in the past 24 hours at $71,770, according to CoinMarketCap data. Trading volume was $36.88 billion, up 68%.

Ethereum (ETH-USD), the second-largest digital asset, was trading 9% higher at $3,687.

BNB (BNB-USD), the third-largest digital asset by market value excluding stablecoins, was up 2% and Solana (SOL-USD), the fourth-largest, was up less than 1%.

XRP (XRP-USD), Dogecoin (DOGE-USD) and Cardano (ADA-USD) jumped 5.4%, 2% and 5%, respectively. Toncoin (TON-USD) was up 15%.

The US 10-year Treasury yield closed at 4.420% on Monday, compared to 4.386% Friday, while the five-year Treasury yield closed at 4.432%, up from 4.375% on Friday.

The total market value of the cryptocurrency industry increased 4.1% in the last 24 hours at $2.69 trillion. The total trading volumes increased 52% to $96.01 billion.

Price: 255.95, Change: +15.05, Percent Change: +6.25

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
US STOCKS-S&P and Nasdaq close at multi-week lows as Tesla, Alphabet weigh heavily
US STOCKS-S&P and Nasdaq close at multi-week lows as Tesla, Alphabet weigh heavily
Jul 24, 2024
* S&P 500 snaps 356-session run without a 2% decline * Worst single-day performance for Nasdaq since October 2022 * Tesla posts largest daily fall since Sept. 2020 on earnings * Indexes down: Dow 1.25%, S&P 2.31%, Nasdaq 3.64% (Updates with closing prices) By David French July 24 (Reuters) - The S&P 500 and Nasdaq ended at multi-week lows on...
Ameriprise Financial's profit jumps on fee income strength
Ameriprise Financial's profit jumps on fee income strength
Jul 24, 2024
(Reuters) - Ameriprise Financial ( AMP ) posted a 9% jump in second-quarter adjusted profit on Wednesday as rising client asset values boosted the financial adviser's fee-based income. Hopes of a soft landing for the U.S. economy and investor euphoria over artificial intelligence have lifted stock markets to record highs this year. Ameriprise's assets under management and administration came in...
Ameriprise Financial's profit jumps on fee income strength
Ameriprise Financial's profit jumps on fee income strength
Jul 24, 2024
July 24 (Reuters) - Ameriprise Financial ( AMP ) posted a 9% jump in second-quarter adjusted profit on Wednesday as rising client asset values boosted the financial adviser's fee-based income. Hopes of a soft landing for the U.S. economy and investor euphoria over artificial intelligence have lifted stock markets to record highs this year. Ameriprise's assets under management and administration...
Tesla, Alphabet Sell-Offs Drag Nasdaq, S&P 500 Lower
Tesla, Alphabet Sell-Offs Drag Nasdaq, S&P 500 Lower
Jul 24, 2024
05:01 PM EDT, 07/24/2024 (MT Newswires) -- The Nasdaq Composite and the S&P 500 fell sharply Wednesday amid post-earnings sell-offs in Tesla (TSLA) and Alphabet (GOOG, GOOGL) shares. The technology-heavy Nasdaq tumbled 3.6% to 17,342.4, while the S&P 500 slid 2.3% to 5,427.1. The Dow Jones Industrial Average fell 1.3% to 39,853.9. Tech slumped 4.1%, the steepest decline among sectors,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved