03:59 PM EST, 03/08/2024 (MT Newswires) -- Most major digital assets were once again in the green Friday, with bitcoin (BTC-USD) reaching a historic $70,000 before coming back down.

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 declined 1%, 0.5% and 0.1%, respectively.

Bitcoin (BTC-USD), the largest cryptocurrency by market value, increased 2% in the past 24 hours at $69,260 after reaching a day high of $70,083, according to CoinMarketCap data. Trading volume was $57.92 billion, up 22.3%.

The most popular cryptocurrency is on pace to conclude the week with a gain of 11%.

Ethereum (ETH-USD), the second-largest digital asset, was 0.2% up at $3,934 and headed for a weekly gain of 15%.

BNB (BNB-USD), the third-largest digital asset by market value excluding stablecoins, jumped 3.1% and Solana (SOL-USD), the fourth-largest, declined 0.3%.

XRP (XRP-USD) and Cardano (ADA-USD) decreased 2.2% and 3.2%, respectively, while Dogecoin (DOGE-USD) jumped 8%. Shiba Inu (SHIB-USD) soared 13.6%.

The US 10-year Treasury yield closed at 4.087% on Friday, compared to 4.092% Thursday, while the five-year Treasury yield closed at 4.061%, down from 4.084% a day ago.

The total market value of the cryptocurrency industry was up 1.4% in the last 24 hours at $2.61 trillion. The total trading volumes increased 9.9% to $152.01 billion.

Price: 255.23, Change: +12.61, Percent Change: +5.20