Most large cryptocurrencies were up during morning trading on Thursday, with Cardano
ADAUSD,
seeing the biggest move, climbing 6.34% to 53 cents.
Seven additional currencies posted rises Thursday. Solana
SOLUSD,
climbed 3.85% to $104.49, and Bitcoin
BTCUSD,
rose 2.08% to $45,095.80.
Ripple
XRPUSD,
rose 0.61% to 52 cents, while Dogecoin
DOGEUSD,
rose 0.60% to 8 cents. Polkadot
DOTUSD,
climbed 0.50% to $6.98.
Polygon
MATICUSD,
and Ethereum
ETHUSD,
rounded out the increases for Thursday, with gains of 0.50% to 84 cents and 0.37% to $2,438.63, respectively.
On the other hand, Uniswap
UNIUSD,
posted the only drop, falling 1.50% to $6.35.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
rose 6.43% to $129.93, while MicroStrategy Inc.
MSTR,
climbed 6.93% to $543.20. Riot Platforms Inc.
RIOT,
shares rose 7.28% to $12.14, and shares of Marathon Digital Holdings Inc.
MARA,
surged 10.21% to $19.33.
Block Inc.
SQ,
rose 0.04% to $68.34 and Tesla Inc.
TSLA,
rose 0.26% to $188.07.
PayPal Holdings Inc.
PYPL,
dropped 9.41% to $57.29, and Ebang International Holdings Inc.
EBON,
shares rose 4.63% to $9.13. NVIDIA Corp.
NVDA,
climbed 0.02% to $701.15, and Advanced Micro Devices Inc.
AMD,
rose 0.48% to $171.76.
In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, climbed 5.37% to $9.22. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
rose 2.08% to $28.03.
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