Top Cryptocurrencies Rise; Bitcoin Tops $103,000 Level

Major digital assets rose Monday, with Bitcoin (BTC/USD) edging past the $103,000 level.

The CoinDesk Market Index, which tracks dozens of digital assets including Bitcoin, rose 4.3% in the past 24 hours. The Nasdaq 100 rose 1%, the S&P 500 advanced 0.9%, and the Dow Jones Industrial Average increased 0.8%.

Bitcoin gained 3.9% at $103,089, according to CoinMarketCap data. The most popular cryptocurrency's 24-hour trading volume fell 7.5% to $60.21 billion.

Ethereum (ETH/USD), the second-largest digital asset by market value, gained 5.6% to $2,302.

XRP (XRP/USD) surged 4.8%, BNB (BNB/USD) rose 4%, and Solana (SOL/USD) advanced 7.9%. Dogecoin (DOGE/USD) gained 6.3%, and Cardano (ADA/USD) was up 5.4%.

The US 10-year Treasury yield stood at 4.32% at 3 p.m. ET Monday, down from 4.37% Friday, while the five-year yield fell to 3.88% from 3.96%.

The total market value of the cryptocurrency industry rose 4% in the past 24 hours to $3.16 trillion, with trading volume down 8.9% to $133.97 billion.