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AmextaFinance > Investing > Large cryptocurrencies mixed as Ethereum declines
Investing

Large cryptocurrencies mixed as Ethereum declines

News Room
Last updated: 2023/07/07 at 7:55 PM
By News Room
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2 Min Read
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Large cryptocurrencies were mixed during morning trading on Friday, with Uniswap
UNIUSD,
-0.16%
seeing the biggest move, rallying 2.04% to $5.55.

Ethereum
ETHUSD,
+0.19%
led the decreases with a 0.50% drop to $1,873.79.

Five other cryptocurrencies saw increases Friday. Polkadot
DOTUSD,
+0.43%
climbed 1.54% to $5.17, and Solana
SOLUSD,
+0.75%
rose 0.68% to $20.88.

Cardano
ADAUSD,
+0.28%
rose 0.63% to 28 cents, and Bitcoin
BTCUSD,
+0.28%
climbed 0.24% to $30,381.70.

Polygon
MATICUSD,
+0.54%,
which saw the smallest increase, climbed 0.07% to 68 cents.

In addition to Ethereum, two other currencies posted decreases. Dogecoin
DOGEUSD,
+0.45%
slid 0.48% to 7 cents, and Ripple
XRPUSD,
+0.18%
slipped 0.01% to 47 cents.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+0.79%
increased 2.32% to $79.92, while MicroStrategy Inc.
MSTR,
+1.11%
climbed 2.88% to $387.40. Riot Platforms Inc.
RIOT,
+14.33%
shares rallied 8.83% to $14.74, and shares of Marathon Digital Holdings Inc.
MARA,
+2.28%
rose 5.61% to $16.18.

Overstock.com Inc.
OSTK,
+5.69%
rose 2.97% to $28.61, while Block Inc.
SQ,
+4.12%
rose 3.84% to $67.09 and Tesla Inc.
TSLA,
-0.76%
climbed 0.65% to $278.35.

PayPal Holdings Inc.
PYPL,
+0.98%
increased 1.91% to $67.41, and Ebang International Holdings Inc.
EBON,
+10.49%
shares rose 5.01% to $7.09. NVIDIA Corp.
NVDA,
+0.95%
increased 1.23% to $426.22, and Advanced Micro Devices Inc.
AMD,
-0.27%
increased 1.04% to $114.67.

In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
+5.13%,
which is focused on pure-play crypto companies, rose 3.42% to $9.08. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+2.94%
rallied 2.64% to $24.08. Grayscale Bitcoin Trust
GBTC,
-1.34%,
which tracks the Bitcoin market price, slid 0.12% to $20.06.


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

News Room July 7, 2023 July 7, 2023
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