Most large cryptocurrencies were up during morning trading on Friday, with Ripple
XRPUSD,
seeing the biggest change, climbing 4.55% to 53 cents.
Seven additional currencies posted gains Friday. Solana
SOLUSD,
climbed 2.18% to $20.14, and Cardano
ADAUSD,
rose 1.26% to 25 cents.
Dogecoin
DOGEUSD,
rose 0.89% to 6 cents, while Ethereum
ETHUSD,
rose 0.71% to $1,668.91. Uniswap
UNIUSD,
climbed 0.52% to $4.45.
Polygon
MATICUSD,
and Polkadot
DOTUSD,
rounded out the increases for Friday, with gains of 0.52% to 52 cents and 0.20% to $4.09, respectively.
On the other hand, Bitcoin
BTCUSD,
posted the only drop, falling 0.72% to $26,901.80.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
climbed 2.25% to $76.85, while MicroStrategy Inc.
MSTR,
rose 0.63% to $330.98. Riot Platforms Inc.
RIOT,
shares rose 0.07% to $9.44, and shares of Marathon Digital Holdings Inc.
MARA,
rose 1.52% to $8.70.
Overstock.com Inc.
OSTK,
rallied 2.17% to $16.26, while Block Inc.
SQ,
climbed 1.42% to $44.98 and Tesla Inc.
TSLA,
rallied 2.85% to $253.39.
PayPal Holdings Inc.
PYPL,
increased 1.15% to $58.85, and Ebang International Holdings Inc.
EBON,
shares slipped 0.40% to $7.47. NVIDIA Corp.
NVDA,
rose 2.01% to $439.57, and Advanced Micro Devices Inc.
AMD,
rose 1.39% to $104.19.
In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, rallied 1.93% to $6.87. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
rose 1.05% to $20.17. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, climbed 0.32% to $19.06.
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
