Investment

Large cryptocurrencies mixed as Polygon increases

1 Mins read

Large cryptocurrencies were mixed during morning trading on Friday, with Solana
SOLUSD,
+4.45%
seeing the biggest move, falling 3.35% to $39.50.

Polygon
MATICUSD,
+0.03%
lead the increases with a 1.14% climb to 66 cents.

Five other currencies posted decreases Friday. Polkadot
DOTUSD,
+0.75%
shed 1.40% to $4.58, and Bitcoin
BTCUSD,
+0.34%
fell 1.01% to $34,579.80.

Dogecoin
DOGEUSD,
+0.67%
slid 0.45% to 7 cents, and Uniswap
UNIUSD,
+0.52%
sank 4.66% to $4.66.

Cardano
ADAUSD,
-0.80%
recorded the smallest decline, shedding 0.02% to 32 cents.

In addition to Polygon, two other cryptocurrencies saw increases. Ripple
XRPUSD,
-0.59%
rose 0.45% to 61 cents, and Ethereum
ETHUSD,
+0.33%
rose 0.14% to $1,808.08.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+1.42%
climbed 2.15% to $86.42, while MicroStrategy Inc.
MSTR,
+0.07%
dropped 1.41% to $447.22. Riot Platforms Inc.
RIOT,
+0.80%
shares climbed 1.23% to $11.44, and shares of Marathon Digital Holdings Inc.
MARA,
-4.56%
slid 0.41% to $9.82.

Overstock.com Inc.
OSTK,
+5.47%
climbed 4.15% to $16.57, while Block Inc.
SQ,
+10.69%
surged 15.21% to $50.67 and Tesla Inc.
TSLA,
+0.66%
rose 3.05% to $225.18.

PayPal Holdings Inc.
PYPL,
+1.89%
climbed 1.59% to $55.94, and Ebang International Holdings Inc.
EBON,
+15.64%
shares dropped 1.13% to $7.02. NVIDIA Corp.
NVDA,
+3.45%
increased 1.71% to $442.50, and Advanced Micro Devices Inc.
AMD,
+4.10%
climbed 2.05% to $110.04.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+1.38%
climbed 1.49% to $22.11. The Bitwise Crypto Industry Innovators ETF
BITQ,
+0.27%,
which is focused on pure-play crypto companies, rose 0.47% to $7.49. Grayscale Bitcoin Trust
GBTC,
-0.43%,
which tracks the Bitcoin market price, sank 0.31% to $27.08.


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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