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AmextaFinance > Investing > Large cryptocurrencies rise as Solana rallies
Investing

Large cryptocurrencies rise as Solana rallies

News Room
Last updated: 2023/08/24 at 4:03 AM
By News Room
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2 Min Read
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All large cryptocurrencies were up during morning trading on Wednesday, with Solana
SOLUSD,
+0.74%
seeing the biggest change, rising 2.57% to $20.75.

Uniswap
UNIUSD,
-0.54%
rallied 2.48% to $4.72, while Dogecoin
DOGEUSD,
-0.38%
climbed 2.14% to 6 cents.

Polkadot
DOTUSD,
+0.09%
and Cardano
ADAUSD,
+0.53%
increased 2.07% to $4.42 and 2.05% to 26 cents, respectively.

Polygon
MATICUSD,
-0.34%
rose 1.08% to 55 cents, and Ethereum
ETHUSD,
-0.60%
increased 1.08% to $1,648.21.

Ripple
XRPUSD,
-0.52%
and Bitcoin
BTCUSD,
-0.46%
rounded out the increases for Wednesday, climbing 0.63% to 52 cents and 0.62% to $26,003.40, respectively.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+3.85%
increased 1.60% to $76.10, while MicroStrategy Inc.
MSTR,
+5.13%
rose 1.30% to $333.81. Riot Platforms Inc.
RIOT,
+5.40%
shares increased 1.80% to $10.74, and shares of Marathon Digital Holdings Inc.
MARA,
+7.31%
rose 1.87% to $11.16.

Overstock.com Inc.
OSTK,
+1.25%
slid 0.13% to $23.89, while Block Inc.
SQ,
+2.05%
increased 1.39% to $56.85 and Tesla Inc.
TSLA,
+1.57%
slid 0.70% to $231.57.

PayPal Holdings Inc.
PYPL,
+1.28%
rose 0.89% to $61.52, and Ebang International Holdings Inc.
EBON,
+3.09%
shares inched down 0.84% to $7.71. NVIDIA Corp.
NVDA,
+3.17%
rose 0.63% to $459.56, and Advanced Micro Devices Inc.
AMD,
+3.57%
rose 1.76% to $107.52.

In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
+5.49%,
which is focused on pure-play crypto companies, rallied 1.05% to $7.19. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+2.87%
rallied 1.01% to $21.14. Grayscale Bitcoin Trust
GBTC,
+7.00%,
which tracks the Bitcoin market price, climbed 0.68% to $17.12.


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 August 24, 2023 August 24, 2023
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