FINWIRES · TerminalLIVE
FINWIRES

Top Cryptocurrencies Mixed; Bitcoin Holds Above $64,000

By

Major digital assets were mixed Wednesday, with Bitcoin (BTC-USD) holding above $64,000.

The CoinDesk Market Index, which tracks dozens of digital assets including Bitcoin, rose 0.5% in the past 24 hours. The Nasdaq rose 0.6%, the S&P 500 gained 0.4%, and the Dow Jones Industrial Average climbed 0.2%.

Bitcoin increased 0.5% to $64,898, according to CoinMarketCap data. The most popular cryptocurrency's 24-hour trading volume fell 1.3% to $28.5 billion.

Ethereum (ETH-USD), the second-largest digital asset by market value, rose 2.4% to $1,925.

XRP (XRP-USD) fell 0.6%, BNB (BNB-USD) declined 0.1%, and Solana (SOL-USD) eased 0.1%. Dogecoin (DOGE-USD) dropped 0.7%, while Cardano (ADA-USD) increased 0.1%.

The US 10-year Treasury yield stood at 5.076% at 3 p.m. ET Wednesday, down from 5.098% Tuesday, while the five-year yield dropped to 4.255% from 4.319%.

The total market value of the cryptocurrency industry rose 0.6% in the past 24 hours to $2.23 trillion, with trading volume declining 2.5% to $69.1 billion.

Price: $64922.43, Change: $-52.32, Percent Change: -0.08%

Related Articles

Wire

Rio Tinto Group's Q2 Update Shows Production in Line With Consensus, Says Jefferies

Rio Tinto Group (ASX:RIO) reported second quarter production exceeding expectations for Pilbara iron ore production and shipments, while performance across its other major operating assets was also broadly in line with market forecasts, according to a Wednesday Jefferies note.The investment firm added that the company has reduced unit cost guidance in copper to $0.30 to $0.50 per pound from $0.65 to $0.75 per pound due to higher gold prices and operational improvement initiatives."While mostly an uneventful report from Rio, the [quarter-on-quarter] rebound in volumes at certain assets in 2Q is encouraging," the investment firm said.Jefferies kept a hold rating on Rio Tinto with a price target of AU$187.The company's shares rose past 1% in recent Wednesday trade.

ASX:RIO
Wire

Copa Holdings Reports Higher June Passenger Capacity, Traffic

Copa Holdings (CPA) said its preliminary June passenger capacity, measured as available seat miles, increased 16% from a year earlier.Passenger traffic, measured as revenue passenger miles, rose 13%, the company said Tuesday in a statement.Copa shares gained 3.1% in after-hours trading.

$CPA
Wire

Phoenix Education Partners Fiscal Q3 Adjusted Earnings Fall, Revenue Rises; Shares Drop After Hours

Phoenix Education Partners (PXED) reported fiscal Q3 adjusted earnings late Tuesday of $1.43 per diluted share, down from $1.57 a year earlier.Analysts polled by FactSet expected $1.32.Revenue in the three months ended May 31 rose to $271.8 million from $271.7 million a year earlier. Analysts expected $271.2 million.Phoenix expects full-year net revenue of $1.02 billion to $1.025 billion. Analysts expect $1.026 billion.The company's shares fell 11% in after-hours trading.

$PXED