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Home News

Bitcoin Leads the Way with 3.79% Increase

by Myfxtools
February 9, 2024
in News
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Bitcoin Leads the Way with 3.79% Increase

In the morning trading session on Friday, most major cryptocurrencies experienced slight gains. The leading cryptocurrency, Bitcoin (BTC), saw the biggest change with a rise of 3.79%, bringing its price to $47,057.90.

Other Cryptocurrencies Follow Suit

Seven additional cryptocurrencies also posted upswings on Friday. Here are some notable ones:

  • Uniswap (UNI) increased by 3.74% to reach $6.57.
  • Ethereum (ETH) climbed 2.80% and reached $2,493.15.
  • Solana (SOL) rose by 2.08% to reach $104.90.
  • Cardano (ADA) climbed 2.04% and reached a price of 54 cents.
  • Polkadot (DOT) rose by 1.23% and reached $7.20.

Dogecoin (DOGE) and Ripple (XRP) also experienced slight gains, with increases of 1.23% and 0.91%, respectively.

On the other hand, Polygon (MATIC) was the only cryptocurrency to drop, falling by 0.05% to 84 cents.

Crypto-Related Company News

In terms of company news related to the cryptocurrency industry, here are some notable updates:

  • Coinbase Global Inc. (COIN) saw its shares climb by 5.79% to $140.22.
  • MicroStrategy Inc. (MSTR) experienced a 6.50% increase, bringing its share price to $626.00.
  • Riot Platforms Inc. (RIOT) shares rose by 5.67% to reach $13.79.
  • Marathon Digital Holdings Inc. (MARA) experienced a 6.63% increase, reaching $23.01.
  • Block Inc. (SQ) saw a slight rise of 0.07% to $68.88.
  • Tesla Inc. (TSLA) climbed 2.20% and reached $193.72.
  • PayPal Holdings Inc. (PYPL) experienced a 1.89% increase, reaching $57.19.
  • Ebang International Holdings Inc. (EBON) saw its shares rise by 6.25% to $10.34.
  • NVIDIA Corp. (NVDA) climbed 1.73% and reached $708.47.
  • Advanced Micro Devices Inc. (AMD) experienced a 0.94% increase, reaching $170.94.

Exciting Developments in the Fund Space

In the fund space, the Bitwise Crypto Industry Innovators ETF (BITQ), which focuses on pure-play crypto companies, increased by 5.96% to $10.13. Additionally, the blockchain-focused Amplify Transformational Data Sharing ETF (BLOK) rose by 2.71% to reach $29.38.

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