FINWIRES · TerminalLIVE
FINWIRES

Top Cryptocurrencies Rise; Bitcoin Tops $75,000 Level

-- Major digital assets rose Wednesday, with Bitcoin (BTC-USD) rising above the $75,000 level.

The CoinDesk Market Index, which tracks dozens of digital assets including Bitcoin, rose 1.7% in the past 24 hours. The Nasdaq 100 rose 1.4%, the S&P 500 increased 0.7%, and the Dow Jones Industrial Average fell 0.1%.

Bitcoin rose 1.2% to $75,116, according to CoinMarketCap data. The most popular cryptocurrency's 24-hour trading volume decreased 36.7% to $38.1 billion.

Ethereum (ETH-USD), the second-largest digital asset by market value, climbed 2.7% to $2,373.

XRP (XRP-USD) gained 3%, BNB (BNB-USD) rose 2%, and Solana (SOL-USD) increased 1.7%. Dogecoin (DOGE-USD) added 3.9%, while Cardano (ADA-USD) advanced 3.8%.

The US 10-year Treasury yield stood at 4.278% at 3 p.m. ET Wednesday, up from 4.256% Tuesday, while the five-year yield rose to 3.894% from 3.871%.

The total market value of the cryptocurrency industry rose 1% in the past 24 hours to $2.53 trillion, with trading volume gaining 1.6% to $154.23 billion.

Price: $75094.74, Change: $+919.51, Percent Change: +1.24%

Related Articles

Australia

Jefferies Raises Quest Diagnostics Price Target to $225 From $220

Quest Diagnostics (DGX) has an average rating of overweight and mean price target of $219, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $204.33, Change: $+8.02, Percent Change: +4.09%

$DGX
Australia

Truist Securities Cuts Tractor Supply Price Target to $44 From $55, Hold Rating Kept

Tractor Supply (TSCO) has an average rating of overweight and mean price target of $56.19, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)Price: $39.92, Change: $-4.90, Percent Change: -10.92%

$TSCO
Sectors

Sector Update: Energy

Energy stocks were higher Tuesday afternoon, with the NYSE Energy Sector Index rising 1.1% and the State Street Energy Select Sector SPDR ETF (XLE) adding 1.2%.The Philadelphia Oil Service Sector Index was climbing 1.8%, while the Dow Jones US Utilities Index fell 1.3%.Front-month West Texas Intermediate crude oil was rising 4.8% to $93.94 a barrel, and the global benchmark Brent crude contract was advancing 4.4% to $99.68 a barrel. Henry Hub natural gas futures increased 0.3% to $2.70 per 1 million BTU.In corporate news, Halliburton (HAL) shares gained 4.1% after it reported lower Q1 adjusted net income and revenue that still topped analysts' expectations.

$HAL