Top Cryptocurrencies Mixed; Bitcoin Trades Below $97,000 Level

MT Newswires Live12-21 04:56

Major digital assets were mixed late Friday, with Bitcoin (BTC-USD) struggling for direction below the $97,000 level.

The CoinDesk Market Index, which tracks 126 digital assets, rose 1.5% in the past 24 hours. The Nasdaq 100 advanced 1% in late trading, while the S&P 500 rose 1.1% the Dow Jones Industrial Average added about 1.2%.

Bitcoin edged up 0.1% to $96,839, with its 24-hour trading volume up 8.9% at $109.24 billion, according to CoinMarketCap data. The most popular digital currency, which hit an all-time high above $108,000 on Tuesday, was on track for a weekly loss of nearly 5%.

Ethereum (ETH-USD), the second-largest digital asset by market value, climbed 1.9% to $3,450, while dropping about 12% this week.

XRP (XRP-USD) added 0.9%, while BNB (BNB-USD) was 1.2% higher.

Solana (SOL-USD) fell 1.9%, and Dogecoin (DOGE-USD) dipped 0.9%, while Cardano (ADA-USD) jumped 4.7%.

The US 10-year Treasury yield closed at 4.526%, easing from Thursday's close of 4.568%, while the five-year yield dropped to 4.38% from 4.423%.

The total market value of the cryptocurrency industry increased 1.5% in the past 24 hours to $3.35 trillion. Total trading volume rose 10.3% to $316.24 billion.

Price: 276.50, Change: +2.58, Percent Change: +0.94

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