Solana Sees Largest Rally with 9.21% Surge
Most large cryptocurrencies experienced gains in morning trading on Friday, with Solana (SOL) leading the way. SOLUSD rallied by an impressive 9.21% to reach $27.86.
Other Gainers
In addition to Solana, six other cryptocurrencies saw positive movement on Friday:
- Polkadot (DOTUSD) climbed 3.46% to $5.65.
- Cardano (ADAUSD) increased 3.43% to 35 cents.
- Uniswap (UNIUSD) rose 3.18% to $5.91.
- Dogecoin (DOGEUSD) saw a modest 1.62% increase, reaching 7 cents.
- Polygon (MATICUSD) experienced a slight 0.82% climb, reaching 85 cents.
- Ethereum (ETHUSD) had the smallest increase, rising by 0.82% to reach $2,000.22.
Decliners
Two cryptocurrencies posted decreases during the same period:
- Ripple (XRPUSD) saw the largest drop at 3.93%, reaching 78 cents.
- Bitcoin (BTCUSD) slipped by 0.16% to $31,283.00.
Related Company News
In the realm of crypto-related companies, stock prices made notable movements:
- Coinbase Global Inc. (COIN) shares increased by 4.91% to $112.25.
- MicroStrategy Inc. (MSTR) experienced a 1.67% climb, reaching $469.53.
- Riot Platforms Inc. (RIOT) saw a modest increase of 0.10%, reaching $20.31.
- Marathon Digital Holdings Inc. (MARA) also rose by 0.47% to reach $19.39.
- Overstock.com Inc. (OSTK) slid by 0.75% to $31.57.
- Block Inc. (SQ) experienced a decline of 0.63%, falling to $75.72.
- Tesla Inc. (TSLA), on the other hand, rose by 0.65% to reach $279.72.
- PayPal Holdings Inc. (PYPL) slipped by 0.29% to $72.18.
- Ebang International Holdings Inc. (EBON) experienced a significant drop of 11.30%, reaching $10.96.
- NVIDIA Corp. (NVDA) saw a 2.96% increase, reaching $473.37.
- Advanced Micro Devices Inc. (AMD) climbed 3.49%, reaching $119.97.
Fund Movement
In the fund space, several notable movements were observed:
- The Bitwise Crypto Industry Innovators ETF (BITQ), focused on pure-play crypto companies, climbed by 0.85% to $11.27.
- The Blockchain-focused Amplify Transformational Data Sharing ETF (BLOK) rose by 0.15% to $27.32.
- The Grayscale Bitcoin Trust (GBTC), which tracks the Bitcoin market price, slipped by 0.28% to $21.32.
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