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Indebta > Investing > Dogecoin leads way as most big cryptocurrencies post gains
Investing

Dogecoin leads way as most big cryptocurrencies post gains

News Room
Last updated: 2024/02/29 at 7:43 PM
By News Room
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2 Min Read
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Most large cryptocurrencies were up during morning trading on Thursday, with Dogecoin
DOGEUSD,
-1.07%
seeing the biggest move, surging 13.70% to 13 cents.

Seven additional currencies posted gains Thursday. Solana
SOLUSD,
+0.99%
surged 13.55% to $131.72, and Cardano
ADAUSD,
+0.26%
surged 11.38% to 70 cents.

Polkadot
DOTUSD,
-0.05%
increased 7.29% to $8.82, while Ripple
XRPUSD,
-0.37%
increased 5.25% to 60 cents. Polygon
MATICUSD,
-0.08%
increased 4.46% to $1.05.

Ethereum
ETHUSD,
+0.43%
and Bitcoin
BTCUSD,
-0.71%
rounded out the increases for Thursday, with gains of 4.46% to $3,470.88 and 4.01% to $62,944.30, respectively.

On the other hand, Uniswap
UNIUSD,
-1.55%
posted the only drop, falling 0.19% to $10.83.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+1.37%
increased 2.22% to $205.25, while MicroStrategy Inc.
MSTR,
+6.22%
rose 5.25% to $1,013.46. Riot Platforms Inc.
RIOT,
-9.78%
shares dropped 6.78% to $14.59, and shares of Marathon Digital Holdings Inc.
MARA,
-16.53%
dropped 8.22% to $28.48.

Block Inc.
SQ,
+1.34%
rose 2.46% to $80.35 and Tesla Inc.
TSLA,
-0.08%
climbed 0.39% to $202.84.

PayPal Holdings Inc.
PYPL,
+0.15%
increased 2.44% to $61.72, and Ebang International Holdings Inc.
EBON,
-8.51%
shares climbed 1.83% to $12.81. NVIDIA Corp.
NVDA,
+1.87%
increased 2.38% to $795.12, and Advanced Micro Devices Inc.
AMD,
+9.06%
climbed 3.70% to $183.08.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-0.86%
climbed 0.30% to $33.94. The Bitwise Crypto Industry Innovators ETF
BITQ,
-5.80%,
which is focused on pure-play crypto companies, shed 2.54% to $11.94.


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 29, 2024 February 29, 2024
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