Top Cryptocurrencies Firmer; Bitcoin Hovers Near $100,000-To The Moon - Tiger Brokers Online Investing Community - To The Moon

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Top Cryptocurrencies Firmer; Bitcoin Hovers Near $100,000

MT Newswires Live05:03

Major digital assets were firmer late Friday with Bitcoin (BTC-USD) trading near an all-time high just under $100,000.

The CoinDesk Market Index, which tracks 126 digital assets, was 1.5% higher in the past 24 hours. The Nasdaq 100 was flat in late trading, the S&P 500 edged up 0.2% and the Dow Jones Industrial Average climbed 0.8%.

Bitcoin, which dominates the cryptocurrency market, rose 1.4% to $99,144, shortly after setting a record high of $99,655, according to CoinMarketCap data. Bitcoin's 24-hour trading volume dropped 22% to $80.31 billion.

Following its extended rally driven by optimism for US President-elect Donald Trump's support for digital assets, Bitcoin was on track for a weekly gain of about 9%.

Ethereum (ETH-USD), the second-largest digital asset, fell 1.5% to $3,290, paring its weekly rise to about 7%.

Solana (SOL-USD) gained 0.5% and BNB (BNB-USD) also edged up 0.5%.

XRP (XRP-USD) surged 23.2%, Dogecoin (DOGE-USD) climbed 4.2%, and Cardano (ADA-USD) soared 24.7%.

The US 10-year Treasury yield closed at 4.406%, down from Thursday's close of 4.43%, while the five-year yield dropped to 4.295% from 4.302%.

The total market value of the cryptocurrency industry increased 1.4% in the past 24 hours to $3.3 trillion. Total trading volume shrank 12% to $212.31 billion.

Price: 301.71, Change: +6.48, Percent Change: +2.19

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