Top Cryptocurrencies Rebound; Bitcoin Climbs Above $97,000

MT Newswires Live

02-11

Major digital assets were rebounding late Monday with Bitcoin (BTC-USD) climbing above $97,000.

The CoinDesk Market Index, which tracks 124 digital assets, gained 1.3% in the past 24 hours. The Nasdaq 100 was up 1% in late trading, while the S&P 500 and the Dow Jones Industrial Average gained 0.6% and 0.3%, respectively.

Bitcoin advanced 1.2% to $97,458, according to CoinMarketCap data. The most popular cryptocurrency's 24-hour trading volume surged 86% to $43.56 billion.

Ethereum (ETH-USD), the second-largest digital asset by market value, was 1.6% higher at $2,678.

XRP (XRP-USD) and Solana (SOL-USD) each gained 0.8%, while BNB (BNB-USD) dropped 1.1%.

Dogecoin (DOGE-USD) rose 1.5%, while Cardano (ADA-USD) jumped 2.8%.

The US 10-year Treasury yield stood at 4.491% at 3 p.m. ET Monday, up from 4.485% Friday, while the five-year yield eased to 4.331% from 4.333%.

The total market value of the cryptocurrency industry increased 1.1% in the past 24 hours to $3.19 trillion, while the 24-hour trading volume surged 56.7% to $115.65 billion.

Price: 280.68, Change: +6.19, Percent Change: +2.26

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