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Indebta > Investing > Most big cryptocurrencies increase as Cardano rallies
Investing

Most big cryptocurrencies increase as Cardano rallies

News Room
Last updated: 2023/05/23 at 10:32 AM
By News Room
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2 Min Read
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Most large cryptocurrencies were up during morning trading on Monday, with Cardano
ADAUSD,
+0.29%
seeing the biggest change, rising 2.52% to 37 cents.

Seven additional currencies posted gains Monday. Polygon
MATICUSD,
+1.47%
climbed 1.64% to 87 cents, and Dogecoin
DOGEUSD,
-0.27%
increased 1.39% to 7 cents.

Ethereum
ETHUSD,
+1.81%
rose 0.87% to $1,822.18, while Solana
SOLUSD,
+1.02%
rose 0.66% to $19.87. Bitcoin
BTCUSD,
+1.38%
rose 0.53% to $27,010.20.

Polkadot
DOTUSD,
+1.38%
and Ripple
XRPUSD,
+0.07%
rounded out the increases for Monday, with gains of 0.53% to $5.32 and 0.33% to 46 cents, respectively.

On the other hand, Uniswap
UNIUSD,
+0.63%
posted the only drop, falling 0.54% to $5.12.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+0.16%
rose 2.94% to $58.45, while MicroStrategy Inc.
MSTR,
+0.56%
rose 1.22% to $291.80. Riot Platforms Inc.
RIOT,
-1.14%
shares rose 1.94% to $11.30, and shares of Marathon Digital Holdings Inc.
MARA,
+3.98%
rose 0.27% to $9.20.

Overstock.com Inc.
OSTK,
+1.41%
slipped 0.94% to $17.83, while Block Inc.
SQ,
+0.92%
climbed 1.16% to $59.33 and Tesla Inc.
TSLA,
+1.34%
climbed 2.00% to $183.75.

PayPal Holdings Inc.
PYPL,
-0.70%
climbed 1.41% to $61.78, and Ebang International Holdings Inc.
EBON,
-2.38%
shares rose 0.33% to $6.00. NVIDIA Corp.
NVDA,
-0.18%
climbed 0.36% to $313.76, and Advanced Micro Devices Inc.
AMD,
+1.44%
rose 1.42% to $107.33.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+1.42%
rose 0.69% to $19.90. The Bitwise Crypto Industry Innovators ETF
BITQ,
+1.26%,
which is focused on pure-play crypto companies, climbed 0.67% to $6.79. Grayscale Bitcoin Trust
GBTC,
+2.40%,
which tracks the Bitcoin market price, climbed 0.56% to $14.47.


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 23, 2023 May 23, 2023
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