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