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Indebta > Investing > Most large cryptocurrencies rise as Uniswap rallies
Investing

Most large cryptocurrencies rise as Uniswap rallies

News Room
Last updated: 2024/01/05 at 4:48 AM
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 Uniswap
UNIUSD,
+0.57%
seeing the biggest move, rising 3.23% to $6.68.

Seven additional currencies posted rises Thursday. Solana
SOLUSD,
-3.10%
rose 2.31% to $102.54, and Ethereum
ETHUSD,
-0.41%
rose 2.24% to $2,276.97.

Bitcoin
BTCUSD,

rose 1.93% to $43,745.10, while Polygon
MATICUSD,
-2.07%
increased 1.59% to 88 cents. Cardano
ADAUSD,
-2.89%
rose 1.49% to 57 cents.

Dogecoin
DOGEUSD,
-0.54%
and Polkadot
DOTUSD,
-2.92%
rounded out the increases for Thursday, with gains of 1.49% to 8 cents and 0.80% to $7.86, respectively.

On the other hand, Ripple
XRPUSD,
-2.19%
posted the only drop, falling 0.90% to 58 cents.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+2.21%
increased 1.68% to $154.80, while MicroStrategy Inc.
MSTR,
+3.92%
increased 2.06% to $644.07. Riot Platforms Inc.
RIOT,
+5.45%
shares climbed 2.96% to $15.49, and shares of Marathon Digital Holdings Inc.
MARA,
+12.10%
increased 2.07% to $23.92.

Block Inc.
SQ,
-0.70%
fell 1.43% to $67.65 and Tesla Inc.
TSLA,
-0.22%
rose 0.57% to $239.82.

PayPal Holdings Inc.
PYPL,
-0.31%
dropped 1.04% to $58.02, and Ebang International Holdings Inc.
EBON,
-1.19%
shares inched down 0.45% to $13.33. NVIDIA Corp.
NVDA,
+0.90%
inched down 0.04% to $475.49, and Advanced Micro Devices Inc.
AMD,
+0.51%
inched down 0.09% to $135.20.

In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
+3.28%,
which is focused on pure-play crypto companies, rose 1.14% to $11.10. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+1.89%
climbed 0.84% to $28.83. Grayscale Bitcoin Trust
GBTC,
+4.78%,
which tracks the Bitcoin market price, climbed 1.15% to $35.96.


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 January 5, 2024 January 5, 2024
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