Investment

Uniswap leads decreases as large cryptocurrencies start mixed

1 Mins read

Large cryptocurrencies were mixed during morning trading on Thursday, with Uniswap
UNIUSD,
-0.79%
seeing the biggest move, shedding 3.49% to $4.59.

Solana
SOLUSD,
-2.35%
lead the increases with a 2.80% climb to $43.37.

Five other currencies posted reductions Thursday. Polkadot
DOTUSD,
-1.23%
dropped 1.79% to $4.70, and Ethereum
ETHUSD,
+0.10%
fell 1.54% to $1,825.05.

Bitcoin
BTCUSD,
-0.45%
shed 1.33% to $34,967.50, and Dogecoin
DOGEUSD,
-0.37%
declined 0.07% to 7 cents.

Ripple
XRPUSD,
+0.15%
recorded the smallest decline, falling 0.23% to 61 cents.

In addition to Solana, two other cryptocurrencies saw increases. Cardano
ADAUSD,
-0.27%
climbed 1.01% to 31 cents, and Polygon
MATICUSD,
+0.87%
climbed 0.11% to 66 cents.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+2.28%
increased 6.50% to $82.87, while MicroStrategy Inc.
MSTR,
+1.09%
increased 2.17% to $435.93. Riot Platforms Inc.
RIOT,
+1.06%
shares climbed 4.19% to $10.64, and shares of Marathon Digital Holdings Inc.
MARA,
-0.30%
climbed 5.33% to $9.40.

Overstock.com Inc.
OSTK,
+2.20%
climbed 5.50% to $16.10, while Block Inc.
SQ,
+14.05%
rose 6.03% to $43.43 and Tesla Inc.
TSLA,
+1.16%
rose 4.88% to $215.69.

PayPal Holdings Inc.
PYPL,
+1.62%
climbed 3.60% to $53.52, and Ebang International Holdings Inc.
EBON,
+0.71%
shares rose 2.09% to $6.84. NVIDIA Corp.
NVDA,
+2.25%
rose 2.20% to $432.58, and Advanced Micro Devices Inc.
AMD,
+2.92%
shed 1.06% to $106.90.

In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
+1.34%,
which is focused on pure-play crypto companies, rose 4.41% to $7.31. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+1.61%
increased 2.63% to $21.43. Grayscale Bitcoin Trust
GBTC,
+1.11%,
which tracks the Bitcoin market price, increased 1.45% to $27.28.


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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