Rising Trends in Morning Trading
All large cryptocurrencies experienced upward movement during morning trading on Friday. The most significant change was seen in Solana (SOLUSD), which rose by 1.65% to reach $21.57.
Other notable increases include:
- Polygon (MATICUSD) rose 1.40% to 51 cents.
- Dogecoin (DOGEUSD) rose 1.21% to 6 cents.
- Polkadot (DOTUSD) climbed 1.17% to $3.70.
- Cardano (ADAUSD) increased by 0.93% to 25 cents.
Meanwhile, Ethereum (ETHUSD) rose by 0.44% to reach $1,549.33, and Bitcoin (BTCUSD) climbed 0.44% to $26,854.80.
Ripple (XRPUSD) and Uniswap (UNIUSD) also saw slight increases on Friday, with XRP rising by 0.30% to 48 cents and UNI rising by 0.17% to $4.01.
Company News
In related company news within the cryptocurrency market:
- Shares of Coinbase Global Inc. (COIN) dropped by 2.25% to $73.50.
- MicroStrategy Inc. (MSTR) saw a slight increase of 0.24% to $324.38.
- Riot Platforms Inc. (RIOT) experienced a small decline of 0.42% to $9.16.
- Marathon Digital Holdings Inc. (MARA) rose by 0.26% to $7.80.
Other notable changes include:
- Overstock.com Inc. (OSTK) increased by 0.53% to $15.11.
- Block Inc. (SQ) dropped by 3.12% to $44.03.
- Tesla Inc. (TSLA) fell by 1.00% to $256.28.
Furthermore, PayPal Holdings Inc. (PYPL) saw an increase of 0.28% to $56.51, and Ebang International Holdings Inc. (EBON) witnessed a rise in share value. NVIDIA Corp. (NVDA) slipped 0.53% to $466.98, while Advanced Micro Devices Inc. (AMD) experienced a decline of 2.11% to $106.50.
Updates in the Fund Space
Within the fund space, several notable changes occurred:
- The Bitwise Crypto Industry Innovators ETF (BITQ), focused on pure-play crypto companies, rose by 0.16% to $6.37.
- The blockchain-focused Amplify Transformational Data Sharing ETF (BLOK) remained steady at $19.60.
- The Grayscale Bitcoin Trust (GBTC), which tracks the Bitcoin market price, rose by 0.40% to $20.10.