Top Cryptocurrencies Rise; Bitcoin Holds Above $107,000 Level

Major digital assets rose Wednesday, with Bitcoin (BTC/USD) holding above the $107,000 level.

The CoinDesk Market Index, which tracks dozens of digital assets including Bitcoin, rose 1.3% in the past 24 hours. The Nasdaq 100 rose 0.1% in late trading, the S&P 500 was down 0.1%, and the Dow Jones Industrial Average decreased 0.3%.

Bitcoin was up 2.2% at $107,788, according to CoinMarketCap data. The most popular cryptocurrency's 24-hour trading volume fell 12.2% to $51.87 billion.

Ethereum (ETH/USD), the second-largest digital asset by market value, was up 0.2% to $2,433.

XRP (XRP/USD) rose 0.3%, BNB (BNB/USD) gained 0.9%, and Solana (SOL/USD) rose 0.9%. Dogecoin (DOGE/USD) was up 1.8%, and Cardano (ADA/USD) was down 1.7%.

The US 10-year Treasury yield stood at 4.29% at 3 p.m. ET Wednesday, unchanged from Tuesday, while the five-year yield fell to about 3.85% from 3.86%.

The total market value of the cryptocurrency industry rose 1.5% in the past 24 hours to $3.3 trillion, with trading volume down 18.9% to $109.63 billion.