Investment

Large cryptocurrencies rise as Solana rallies

1 Mins read

All large cryptocurrencies were up during morning trading on Friday, with Solana
SOLUSD,
-1.15%
seeing the biggest move, rising 7.42% to $26.92.

Polygon
MATICUSD,
+0.82%
increased 3.84% to 54 cents, while Bitcoin
BTCUSD,
+0.34%
increased 3.26% to $29,664.10.

Ripple
XRPUSD,
+0.10%
and Polkadot
DOTUSD,
-0.01%
rose 3.21% to 52 cents and 2.97% to $3.75, respectively.

Uniswap
UNIUSD,
+2.16%
increased 2.64% to $4.04, and Ethereum
ETHUSD,
+0.84%
rose 2.64% to $1,607.27.

Cardano
ADAUSD,
+0.55%
and Dogecoin
DOGEUSD,
+0.91%
rounded out the increases for Friday, climbing 1.93% to 25 cents and 1.87% to 6 cents, respectively.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+2.13%
rose 4.04% to $76.05, while MicroStrategy Inc.
MSTR,
+1.66%
climbed 4.79% to $358.76. Riot Platforms Inc.
RIOT,
+0.57%
shares increased 5.56% to $9.31, and shares of Marathon Digital Holdings Inc.
MARA,
+0.65%
increased 7.25% to $8.27.

Overstock.com Inc.
OSTK,
-3.24%
declined 1.99% to $15.74, while Block Inc.
SQ,
-0.43%
slid 0.34% to $44.02 and Tesla Inc.
TSLA,
-3.69%
declined 1.02% to $217.87.

PayPal Holdings Inc.
PYPL,
-2.59%
declined 1.06% to $54.23, and Ebang International Holdings Inc.
EBON,
-2.41%
shares increased 1.56% to $7.17. NVIDIA Corp.
NVDA,
-1.70%
rose 0.61% to $423.57, and Advanced Micro Devices Inc.
AMD,
-0.58%
rose 1.28% to $103.72.

In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
+1.60%,
which is focused on pure-play crypto companies, rose 4.16% to $6.51. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-0.10%
climbed 1.79% to $19.86. Grayscale Bitcoin Trust
GBTC,
+5.30%,
which tracks the Bitcoin market price, increased 5.22% to $23.62.


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

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