Connect with us

Hi, what are you looking for?

Investing

Large cryptocurrencies mixed as Polygon drops

Large cryptocurrencies were mixed during morning trading on Friday, with Uniswap
UNIUSD,
+3.75%
seeing the biggest move, climbing 1.49% to $5.94.

Polygon
MATICUSD,
+1.03%
led the decreases with a 0.31% drop to 71 cents.

Five other cryptocurrencies saw increases Friday. Cardano
ADAUSD,
+0.46%
climbed 1.32% to 31 cents, and Ethereum
ETHUSD,
+0.13%
rose 0.63% to $1,870.50.

Bitcoin
BTCUSD,
+0.04%
climbed 0.55% to $29,287.80, and Polkadot
DOTUSD,
+0.82%
rose 0.27% to $5.22.

Dogecoin
DOGEUSD,
+4.11%,
which saw the smallest increase, climbed 0.04% to 8 cents.

In addition to Polygon, two other currencies posted drops. Solana
SOLUSD,
+0.84%
sank 0.24% to $24.72, and Ripple
XRPUSD,
-0.18%
slipped 0.13% to 71 cents.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+2.23%
rose 2.61% to $95.11, while MicroStrategy Inc.
MSTR,
+1.99%
increased 1.28% to $431.60. Riot Platforms Inc.
RIOT,
+4.43%
shares climbed 2.50% to $18.04, and shares of Marathon Digital Holdings Inc.
MARA,
+4.57%
increased 1.69% to $16.24.

Overstock.com Inc.
OSTK,
-0.09%
shed 2.83% to $34.03, while Block Inc.
SQ,
+3.42%
climbed 2.94% to $78.00 and Tesla Inc.
TSLA,
+4.20%
rose 2.64% to $262.45.

PayPal Holdings Inc.
PYPL,
+2.71%
increased 2.36% to $73.73, and Ebang International Holdings Inc.
EBON,
+6.57%
shares increased 2.81% to $8.77. NVIDIA Corp.
NVDA,
+1.85%
increased 1.48% to $465.79, and Advanced Micro Devices Inc.
AMD,
+1.67%
rose 2.09% to $113.43.

In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
+2.81%,
which is focused on pure-play crypto companies, rallied 2.07% to $9.81. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+1.63%
increased 1.68% to $25.66. Grayscale Bitcoin Trust
GBTC,
+1.82%,
which tracks the Bitcoin market price, climbed 0.46% to $18.48.


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.

Read the full article here

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Videos

Watch full video on YouTube

News

This article was written by Follow Manika is a macroeconomist with over 20 years of experience in industries including investment management, stock broking, investment...