Top Cryptocurrencies Mixed; Bitcoin Claws Back, Crosses $91,000 Again

MT Newswires Live11-16 05:04

Major digital assets were mixed late Friday with Bitcoin (BTC-USD) clawing back some recent declines and trading above $91,000.

The CoinDesk Market Index, which tracks 126 digital assets, was up 2.1% in the past 24 hours. US stock indexes were in the red with the Nasdaq 100 down 2.5% in late trade, while the S&P 500 and Dow Jones Industrial Average fell 1.4% and 0.7%, respectively.

Bitcoin jumped 3.9% to $91,211 with a trading volume of $81.9 billion, down 8%, according to CoinMarketCap data. The most popular cryptocurrency is on track for a weekly gain of about 19%, having rallied this week to a record high of $93,434.

Ethereum (ETH-USD), the second-largest digital asset, dipped 0.7% to $3,080, paring its weekly rise to about 5%.

Solana (SOL-USD) gained 1%, while BNB (BNB-USD) shed 2.7%.

Dogecoin (DOGE-USD) slumped 3.2%, while XRP (XRP-USD) and Cardano (ADA-USD) surged 10% and 20%, respectively.

The US 10-year Treasury yield closed at 4.424%, down from Thursday's close of 4.426%, while the five-year yield dropped to 4.294% from 4.305%.

The total market value of the cryptocurrency industry increased 2.7% in the past 24 hours to $3 trillion. Total trading volume dropped 13% to $206.5 billion.

Price: 304.08, Change: +25.24, Percent Change: +9.05

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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