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Indebta > Investing > Most large cryptocurrencies rise on Bitcoin, Ethereum increases
Investing

Most large cryptocurrencies rise on Bitcoin, Ethereum increases

News Room
Last updated: 2024/02/28 at 5:09 PM
By News Room
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2 Min Read
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Most large cryptocurrencies were up during morning trading on Wednesday, with Bitcoin
BTCUSD,
+1.16%
seeing the biggest change, climbing 7.51% to $60,900.00.

Seven additional currencies posted raises Wednesday. Ethereum
ETHUSD,
+0.42%
increased 3.26% to $3,355.00, and Solana
SOLUSD,
+1.16%
rose 2.64% to $111.78.

Cardano
ADAUSD,
+0.65%
increased 2.26% to 64 cents, while Dogecoin
DOGEUSD,
-0.26%
increased 1.69% to 10 cents. Polkadot
DOTUSD,
+0.60%
increased 1.28% to $8.44.

Polygon
MATICUSD,
+0.17%
and Ripple
XRPUSD,
+0.44%
rounded out the increases for Wednesday, with gains of 1.28% to $1.05 and 0.82% to 59 cents, respectively.

On the other hand, Uniswap
UNIUSD,
+0.19%
posted the only drop, falling 0.40% to $10.72.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+0.79%
climbed 4.42% to $208.02, while MicroStrategy Inc.
MSTR,
+10.46%
surged 10.81% to $966.01. Riot Platforms Inc.
RIOT,
-6.85%
shares increased 1.31% to $17.02, and shares of Marathon Digital Holdings Inc.
MARA,
+2.38%
climbed 7.59% to $32.61.

Block Inc.
SQ,
+0.91%
rose 1.49% to $78.87 and Tesla Inc.
TSLA,
+1.16%
climbed 0.13% to $199.98.

PayPal Holdings Inc.
PYPL,
+0.15%
sank 0.02% to $60.15, and Ebang International Holdings Inc.
EBON,
+21.90%
shares increased 7.04% to $11.05. NVIDIA Corp.
NVDA,
-1.32%
declined 1.70% to $773.63, and Advanced Micro Devices Inc.
AMD,
-0.82%
declined 1.92% to $174.58.

In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
-0.89%,
which is focused on pure-play crypto companies, climbed 3.96% to $12.85. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-0.85%
rose 2.40% to $34.95.


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 February 28, 2024 February 28, 2024
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