Top Cryptocurrencies Mixed; Bitcoin Bounces Above $84,000 Level

MT Newswires Live
01 Mar

Major digital assets were mixed late afternoon Friday, with Bitcoin (BTC-USD) climbing back above the $84,000 level.

The CoinDesk Market Index, which tracks dozens of digital assets including Bitcoin, was up 0.7% in the past 24 hours. The Nasdaq 100, S&P 500 and the Dow Jones Industrial Average were all higher.

Bitcoin rose 1% to $84,335 after falling to the $78,000 level earlier in the day, according to CoinMarketCap data. The most popular cryptocurrency's 24-hour trading volume surged 49% to $86.4 billion.

Bitcoin was on track for a monthly slump of nearly 20%.

Ethereum (ETH-USD) fell 1.8% to $2,217, with a nearly 30% loss so far this month for the second-largest digital asset by market value.

XRP (XRP-USD) shed 1%, and BNB (BNB-USD) fell 2%, while Solana (SOL-USD) gained 6.9%.

Dogecoin (DOGE-USD) was 1.3% lower, while Cardano (ADA-USD) edged down 0.2%.

The US 10-year Treasury yield stood at 4.231% at 3 p.m. ET Friday, easing from 4.283% Thursday, while the five-year yield fell to 4.026% from 4.055%.

The global cryptocurrency market value increased 0.4% in the past 24 hours to $2.78 trillion, with trading volume up 48% at $185.86 billion.

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