Top Cryptocurrencies Advance; Bitcoin Tops $77,000, Extending Rally to Record

MT Newswires Live11-09

Most major digital assets rose Friday with Bitcoin (BTC-USD) topping $77,000, extending a rally to a record.

The CoinDesk Market Index, which tracks 126 digital assets, edged up 0.7% in the past 24 hours. US stocks gained with the Nasdaq 100 up 0.1%, the S&P 500 gaining 0.4% and the Dow Jones Industrial Average climbing 0.6%.

Bitcoin was up 0.2% at $76,658 with the most popular cryptocurrency on track for a weekly gain of more than 10%. It reached an all-time high of $77,252 earlier in the 24-hour period, according to CoinMarketCap data.

Bitcoin's 24-hour trading volume fell 12% to $57.11 billion.

Ethereum (ETH-USD), the second-largest digital asset, rose 1.5% to $2,933, with a weekly gain of almost 17%.

Solana (SOL-USD) was 0.5% higher, while BNB (BNB-USD) dropped 0.9%.

XRP (XRP-USD) shed 1.3%, while Cardano (ADA-USD) jumped 10% and Dogecoin (DOGE-USD) added 1.6%.

The US 10-year Treasury yield closed at 4.306%, down from Thursday's close of 4.341%, while the five-year yield closed at 4.192%, up from 4.188%.

The total market value of the cryptocurrency industry increased 0.2% in the past 24 hours to $2.58 trillion. Total trading volume declined 9% to $133.67 billion.

Price: 270.68, Change: +15.10, Percent Change: +5.91

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