Most large cryptocurrencies were up during morning trading on Friday, with Dogecoin
DOGEUSD,
seeing the biggest move, climbing 7.25% to 7 cents.
Six additional currencies posted rises Friday. Uniswap
UNIUSD,
rallied 5.22% to $6.19, and Polkadot
DOTUSD,
rose 3.81% to $5.45.
Solana
SOLUSD,
rose 0.71% to $25.38, while Polygon
MATICUSD,
rose 0.55% to 77 cents. Bitcoin
BTCUSD,
rose 0.11% to $29,809.40.
Ethereum
ETHUSD,
which posted the smallest increase, rose 0.11% to $1,889.26.
On the other hand, two cryptos posted decreases, with Ripple
XRPUSD,
seeing the largest drop at 0.62% to 77 cents. Cardano
ADAUSD,
inched down 0.39% to 31 cents.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
dropped 1.62% to $99.62, while MicroStrategy Inc.
MSTR,
shed 2.40% to $430.27. Riot Platforms Inc.
RIOT,
shares dropped 5.39% to $17.48, and shares of Marathon Digital Holdings Inc.
MARA,
fell 3.46% to $16.47.
Overstock.com Inc.
OSTK,
rose 0.66% to $31.95, while Block Inc.
SQ,
inched down 0.51% to $75.78 and Tesla Inc.
TSLA,
sank 0.29% to $262.15.
PayPal Holdings Inc.
PYPL,
slid 1.00% to $72.29, and Ebang International Holdings Inc.
EBON,
shares declined 7.32% to $10.00. NVIDIA Corp.
NVDA,
fell 1.10% to $450.21, and Advanced Micro Devices Inc.
AMD,
rose 0.02% to $110.27.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
dropped 1.23% to $25.34. The Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, dropped 3.18% to $9.73. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, rose 1.43% to $19.87.
Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.
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