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Indebta > Investing > Polygon leads way as most big cryptocurrencies post advances
Investing

Polygon leads way as most big cryptocurrencies post advances

News Room
Last updated: 2023/05/20 at 6:18 PM
By News Room
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2 Min Read
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Most large cryptocurrencies were up during morning trading on Friday, with Polygon
MATICUSD,
+0.03%
seeing the biggest move, rising 1.60% to 87 cents.

Seven additional currencies posted upswings Friday. Dogecoin
DOGEUSD,
-0.06
rallied 1.27% to 7 cents, and Ethereum
ETHUSD,
-0.02%
rallied 1.03% to $1,815.30.

Polkadot
DOTUSD,
+0.07%
rose 0.78% to $5.35, while Uniswap
UNIUSD,
+0.15%
climbed 0.74% to $5.32. Ripple
XRPUSD,
+0.20%
rose 0.54% to 46 cents.

Bitcoin
BTCUSD,
+0.01%
and Solana
SOLUSD,

rounded out the increases for Friday, with gains of 0.54% to $26,874.30 and 0.05% to $20.39, respectively.

On the other hand, Cardano
ADAUSD,
-0.06%
posted the only drop, falling 0.41% to 37 cents.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-5.77%
sank 0.33% to $60.06, while MicroStrategy Inc.
MSTR,
+0.24%
rose 0.67% to $289.50. Riot Platforms Inc.
RIOT,
+0.09%
shares climbed 1.45% to $11.23, and shares of Marathon Digital Holdings Inc.
MARA,
-2.19%
climbed 0.32% to $9.41.

Overstock.com Inc.
OSTK,
-2.96%
declined 1.59% to $18.26, while Block Inc.
SQ,
-1.46%
inched down 0.39% to $59.29 and Tesla Inc.
TSLA,
+1.84%
rallied 1.37% to $179.32.

PayPal Holdings Inc.
PYPL,
-0.57%
rose 0.41% to $61.52, and Ebang International Holdings Inc.
EBON,
+4.91%
shares rallied 5.09% to $5.99. NVIDIA Corp.
NVDA,
-1.31%
shed 1.51% to $312.00, and Advanced Micro Devices Inc.
AMD,
-1.95%
dropped 2.03% to $105.74.

In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
+0.60%,
which is focused on pure-play crypto companies, rose 0.06% to $6.70. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-1.20%
inched down 0.15% to $19.97. Grayscale Bitcoin Trust
GBTC,
-0.21%,
which tracks the Bitcoin market price, climbed 0.76% to $14.53.


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 May 20, 2023 May 20, 2023
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