Investing

Polygon leads way as most big cryptocurrencies post advances

Most large cryptocurrencies were up during morning trading on Friday, with Polygon
MATICUSD,
+0.89%
seeing the biggest move, rising 1.60% to 87 cents.

Seven additional currencies posted upswings Friday. Dogecoin
DOGEUSD,
+0.30%
rallied 1.27% to 7 cents, and Ethereum
ETHUSD,
+0.79%
rallied 1.03% to $1,815.30.

Polkadot
DOTUSD,
+1.28%
rose 0.78% to $5.35, while Uniswap
UNIUSD,
-1.31%
climbed 0.74% to $5.32. Ripple
XRPUSD,
+0.61%
rose 0.54% to 46 cents.

Bitcoin
BTCUSD,
+1.03%
and Solana
SOLUSD,
-0.15%
rounded out the increases for Friday, with gains of 0.54% to $26,874.30 and 0.05% to $20.39, respectively.

On the other hand, Cardano
ADAUSD,
-0.19%
posted the only drop, falling 0.41% to 37 cents.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-5.77%
sank 0.33% to $60.06, while MicroStrategy Inc.
MSTR,
+0.24%
rose 0.67% to $289.50. Riot Platforms Inc.
RIOT,
+0.09%
shares climbed 1.45% to $11.23, and shares of Marathon Digital Holdings Inc.
MARA,
-2.19%
climbed 0.32% to $9.41.

Overstock.com Inc.
OSTK,
-2.96%
declined 1.59% to $18.26, while Block Inc.
SQ,
-1.46%
inched down 0.39% to $59.29 and Tesla Inc.
TSLA,
+1.84%
rallied 1.37% to $179.32.

PayPal Holdings Inc.
PYPL,
-0.57%
rose 0.41% to $61.52, and Ebang International Holdings Inc.
EBON,
+4.91%
shares rallied 5.09% to $5.99. NVIDIA Corp.
NVDA,
-1.31%
shed 1.51% to $312.00, and Advanced Micro Devices Inc.
AMD,
-1.95%
dropped 2.03% to $105.74.

In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
+0.60%,
which is focused on pure-play crypto companies, rose 0.06% to $6.70. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-1.20%
inched down 0.15% to $19.97. Grayscale Bitcoin Trust
GBTC,
-0.21%,
which tracks the Bitcoin market price, climbed 0.76% to $14.53.


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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