Top Cryptocurrencies Rise

  • Most major digital assets were back in the green Wednesday, with bitcoin (BTC/USD) once again crossing the $67,000 levels.
  • The CoinDesk Market Index, which tracks 183 digital assets, was up over 10% in the past 24 hours while the Nasdaq 100 and S&P 500 rose 0.4% and 0.3%, respectively. The Dow Jones Industrial Average was little changed.
  • Bitcoin (BTC/USD), the largest cryptocurrency by market value, jumped 8.7% in the past 24 hours to $67,005 after reaching a day high of $67,637, according to CoinMarketCap data. Trading volume was $77 billion, down 22%.
  • Ethereum (ETH/USD), the second-largest digital asset, was up 16% at $3,865.
  • BNB (BNB/USD), the third-largest digital asset by market value excluding stablecoins, rose 14% and Solana (SOL/USD), the fourth-largest, soared 10%.
  • XRP (XRP/USD), Cardano (ADA/USD) and Dogecoin (DOGE/USD) increased 8.5%, 13% and 21%, respectively. Shiba Inu (SHIB/USD) jumped 23%.
  • The US 10-year Treasury yield closed at 4.106% on Wednesday, compared to 4.135% Tuesday, while the five-year Treasury yield closed at 4.117%, down from 4.136% a day ago.
  • The total market value of the cryptocurrency industry was up 8.9% in the last 24 hours at $2.52 trillion. The total trading volumes decreased 17% to $201.55 billion.