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Most major digital assets rose on Friday, with bitcoin (BTC/USD) holding above the $57,000 level.
The CoinDesk Market Index, which tracks 192 digital assets, gained 0.7% in the past 24 hours. The Nasdaq 100, S&P 500, and Dow Jones Industrial Average all gained around 0.8%.
Bitcoin (BTC/USD), the largest cryptocurrency by market value, was up 0.4% at $57,637, with a 24-hour trading volume of $25.72 billion, down 9.1%, according to CoinMarketCap data.
The most popular cryptocurrency is on pace to conclude the week with a gain of more than 2%.
Ethereum (ETH/USD), the second-largest digital asset, was 0.4% higher at $3,118 and heading for a weekly gain of over 4%.
BNB (BNB/USD), the third-largest digital asset by market value excluding stablecoins, climbed 1.1%, while Solana (SOL/USD), the fourth-largest, added 1.3%.
XRP (XRP/USD) added 4.8%, Cardano (ADA/USD) advanced 4.6%, and Dogecoin (DOGE/USD) rose 0.3%.
The US 10-year Treasury yield closed at 4.185%, down from Thursday’s close of 4.191%, while the five-year yield closed at 4.109%, down from 4.123%.
The total market value of the cryptocurrency industry increased 0.6% in the past 24 hours to $2.14 trillion. Trading volume shrank 7.4% to $61.24 billion.