Most large cryptocurrencies were up during morning trading on Thursday, with Uniswap
UNIUSD,
seeing the biggest move, rising 2.24% to $6.29.
Six additional currencies posted upswings Thursday. Dogecoin
DOGEUSD,
climbed 1.87% to 8 cents, and Polygon
MATICUSD,
increased 1.78% to 70 cents.
Solana
SOLUSD,
rose 1.73% to $24.75, while Bitcoin
BTCUSD,
climbed 0.63% to $29,667.60. Ethereum
ETHUSD,
climbed 0.38% to $1,863.00.
Polkadot
DOTUSD,
which posted the smallest increase, climbed 0.38% to $5.04.
On the other hand, two cryptos posted decreases, with Ripple
XRPUSD,
seeing the largest drop at 3.58% to 64 cents. Cardano
ADAUSD,
slipped 0.11% to 30 cents.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
rose 4.69% to $88.30, while MicroStrategy Inc.
MSTR,
increased 3.14% to $389.69. Riot Platforms Inc.
RIOT,
shares climbed 0.67% to $16.45, and shares of Marathon Digital Holdings Inc.
MARA,
increased 2.68% to $15.93.
Overstock.com Inc.
OSTK,
rallied 1.81% to $31.48, while Block Inc.
SQ,
increased 2.22% to $64.11 and Tesla Inc.
TSLA,
rallied 3.47% to $250.59.
PayPal Holdings Inc.
PYPL,
rose 1.52% to $62.96, and Ebang International Holdings Inc.
EBON,
shares shed 5.76% to $7.55. NVIDIA Corp.
NVDA,
rose 2.18% to $434.81, and Advanced Micro Devices Inc.
AMD,
increased 2.82% to $113.58.
In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, climbed 3.55% to $9.04. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
rose 2.88% to $24.26. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, increased 1.45% to $19.96.
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
