Bitcoin Rises to Record High Near $95,000; Other Top Cryptocurrencies Fall

MT Newswires Live11-21

Bitcoin (BTC-USD) rose to a record high near $95,000 on Wednesday, while other major digital assets fell.

The CoinDesk Market Index, which tracks 126 digital assets, was down 0.3% in the past 24 hours. The Nasdaq 100 eased 0.6% in late trade, the S&P 500 dipped 0.4%, while the Dow Jones Industrial Average edged up 0.1%.

Bitcoin was 1.8% higher at $94,564, with its 24-hour trading volume rising about 3% to $75.2 billion, according to CoinMarketCap data. The most popular cryptocurrency touched an all-time high of $94,902 earlier in the day.

Ethereum (ETH-USD), the second-largest digital asset, was 0.8% lower at $3,081. Solana (SOL-USD) shed 2.4% and BNB (BNB-USD) lost 0.4%.

XRP (XRP-USD) was down 1.4%, and Dogecoin (DOGE-USD) slumped 3.9%. Cardano (ADA-USD) climbed 6%.

The US 10-year Treasury yield closed at 4.404%, up from Tuesday's close of 4.379%, while the five-year yield rose to 4.273% from 4.248%.

The total market value of the cryptocurrency industry increased 0.1% in the past 24 hours to $3.11 trillion. Total trading volume grew 2.5% to $183.42 billion.

Price: 316.09, Change: -8.48, Percent Change: -2.61

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