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Top Cryptocurrencies Advance; Bitcoin Rises Above $63,000
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Top Cryptocurrencies Advance; Bitcoin Rises Above $63,000
Oct 7, 2024 9:01 PM

04:01 PM EDT, 10/07/2024 (MT Newswires) -- Most major digital assets were firmer late Monday with bitcoin (BTC-USD) jumping above $63,000.

The CoinDesk Market Index, which tracks 134 digital assets, was 0.3% higher in the past 24 hours. US stock indexes were down with the Nasdaq 100 dropping 1.2%, while both the S&P 500 and Dow Jones Industrial Average shed 1%.

Bitcoin, the most popular cryptocurrency, rose 1% to $63,329 with its 24-hour trading volume soaring 133% to $32.4 billion, according to CoinMarketCap data.

Ethereum (ETH-USD), the second-largest digital asset, dipped 0.1% to $2,442.

BNB (BNB-USD), the third-largest digital asset by market value excluding stablecoins, was 0.8% higher, while Solana (SOL-USD), the fourth-largest, added 0.8%.

XRP (XRP-USD) climbed 1.1%, Cardano (ADA-USD) edged up 0.1%, while Dogecoin (DOGE-USD) dropped 0.3%.

The US 10-year Treasury yield closed at 4.024%, up from Friday's close of 3.981%, while the five-year yield closed at 3.867%, up from 3.813%.

The total market value of the cryptocurrency industry increased 0.6% in the past 24 hours to $2.2 trillion. Trading volume surged 92% to $77.57 billion.

Price: 168.65, Change: -2.26, Percent Change: -1.33

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