Leading cryptocurrencies advanced alongside U.S. stocks on Thursday as Treasury yields retreated after briefly reaching a 24-year high. Bitcoin broke above $85,000 after several days of sideways trading, while Ethereum stayed rangebound and XRP and Solana posted modest gains. At 9:27 p.m. EDT, Bitcoin was up 1.40% at $84,613.14, Ethereum had gained 0.90% to $2,700.43, XRP rose 0.40% to $1.49, and Solana added 0.70% to $118.71. Dogecoin fell 0.50% to $0.0935. Strategy Inc. and Bitmine Immersion Technologies Inc. closed 4.84% and 1.14% higher, respectively. More than $190 million was liquidated from the crypto market over 24 hours, including $107 million in bullish long positions. Bitcoin open interest (the value of active derivatives contracts) rose 2.39%, while the BTC derivatives Long/Short ratio fell sharply and trader positioning shifted to neutral. The Dow Jones Industrial Average gained 20.51 points, or 0.04%, to 50,926.56; the S&P 500 rose 0.19% to 7,666.4; and the Nasdaq Composite increased 0.04% to 26,871.60. The 10-year Treasury yield dropped from 5.34% to 5.25%, its highest intraday level since April 2002, while the probability of a rate hike fell to 24.9% from 37.6% the previous day, according to CME FedWatch. Analyst Michaël van de Poppe said Bitcoin’s move above $84,800 could restore momentum to altcoins if the level holds. Glassnode data also showed buyers had absorbed Binance’s major $85,000 sell wall after a week of failed tests, reducing ask liquidity above the market.