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.