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Indebta > Investing > Most large cryptocurrencies rise as Polygon climbs
Investing

Most large cryptocurrencies rise as Polygon climbs

News Room
Last updated: 2023/05/27 at 1:34 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,
-0.67%
seeing the biggest change, rallying 4.00% to 93 cents.

Seven additional currencies posted increases Friday. Ripple
XRPUSD,
+0.25%
rose 2.49% to 46 cents, and Ethereum
ETHUSD,
-0.72%
climbed 0.72% to $1,822.81.

Uniswap
UNIUSD,
-0.24%
rose 0.65% to $4.99, while Solana
SOLUSD,
+0.77%
climbed 0.36% to $19.35. Bitcoin
BTCUSD,
-0.26%
rose 0.13% to $26,537.30.

Dogecoin
DOGEUSD,
+0.30%
and Cardano
ADAUSD,
-0.44%
rounded out the increases for Friday, with gains of 0.13% to 7 cents and 0.12% to 36 cents, respectively.

On the other hand, Polkadot
DOTUSD,
+1.16%
posted the only drop, falling 0.38% to $5.23.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+0.09%
climbed 0.65% to $57.24, while MicroStrategy Inc.
MSTR,
+1.46%
climbed 1.25% to $284.51. Riot Platforms Inc.
RIOT,
-1.36%
shares rallied 2.63% to $11.36, and shares of Marathon Digital Holdings Inc.
MARA,
-1.98%
rallied 1.48% to $9.25.

Overstock.com Inc.
OSTK,
+2.09%
slipped 0.34% to $17.65, while Block Inc.
SQ,
-0.51%
rose 0.08% to $59.35 and Tesla Inc.
TSLA,
+4.72%
rallied 2.63% to $189.32.

PayPal Holdings Inc.
PYPL,
+1.43%
climbed 0.22% to $59.50, and Ebang International Holdings Inc.
EBON,
+0.04%
shares climbed 0.20% to $6.10. NVIDIA Corp.
NVDA,
+2.54%
rose 0.06% to $380.04, and Advanced Micro Devices Inc.
AMD,
+5.55%
increased 1.65% to $122.33.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+0.46%
climbed 0.06% to $19.61. The Bitwise Crypto Industry Innovators ETF
BITQ,
-1.93%,
which is focused on pure-play crypto companies, inched down 0.33% to $6.72. Grayscale Bitcoin Trust
GBTC,
+0.51%,
which tracks the Bitcoin market price, climbed 0.87% to $13.88.


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 27, 2023 May 27, 2023
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