Major digital assets rallied Wednesday with Bitcoin (BTC-USD) trading close to $100,000.
The CoinDesk Market Index, which tracks 124 digital assets, rose 5.2% in the past 24 hours. US stock indexes rose in late trading with the Nasdaq 100 up 2.4%, the S&P 500 advancing 1.8% and the Dow Jones Industrial gaining 1.7%.
Bitcoin climbed 3.4% to $99,818 with a 24-hour trading volume of $55.93 billion, down 3.6%, according to CoinMarketCap data. The most popular cryptocurrency topped $100,000 earlier.
Ethereum (ETH-USD), the second-largest digital asset by market value, jumped 7% to $3,438.
XRP (XRP-USD) surged 11%, BNB (BNB-USD) gained 1.8%, and Solana (SOL-USD) advanced 8.9%.
Dogecoin (DOGE-USD) was 5.7% higher and Cardano (ADA-USD) climbed 6.3%.
The US 10-year Treasury yield closed at 4.651%, down from Tuesday's close of 4.786%, while the five-year yield eased to 4.442% from 4.59%.
The total market value of the cryptocurrency industry increased 4.9% in the past 24 hours to $3.51 trillion, while the total 24-hour trading volume gained 10% to $145.58 billion.
Price: 274.29, Change: +18.92, Percent Change: +7.41
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