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Indebta > Investing > Ripple leads increases as large cryptocurrencies start mixed
Investing

Ripple leads increases as large cryptocurrencies start mixed

News Room
Last updated: 2023/05/19 at 4:51 PM
By News Room
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2 Min Read
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Large cryptocurrencies were mixed during morning trading on Thursday, with Ripple
XRPUSD,
+1.02%
seeing the biggest move, rallying 4.12% to 47 cents.

Polygon
MATICUSD,
+1.65%
led the decreases with a 2.62% drop to 87 cents.

Two other cryptocurrencies saw increases Thursday. Uniswap
UNIUSD,
+0.89%
rose 0.45% to $5.31, and Cardano
ADAUSD,
-0.90%
rose 0.23% to 38 cents.

In addition to Polygon, five other currencies posted reductions. Solana
SOLUSD,
-0.15%
declined 1.95% to $20.63, and Dogecoin
DOGEUSD,
+1.35%
declined 1.08% to 7 cents.

Ethereum
ETHUSD,
+0.88%
inched down 0.43% to $1,818.26, and Bitcoin
BTCUSD,
+0.41%
slipped 27,255.20% to $27,255.20.

Polkadot
DOTUSD,
+1.07%
recorded the smallest decline, falling 0.12% to $5.41.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-5.77%
dropped 1.77% to $59.96, while MicroStrategy Inc.
MSTR,
+0.24%
slid 0.20% to $290.00. Riot Platforms Inc.
RIOT,
+0.09%
shares rose 0.43% to $11.58, and shares of Marathon Digital Holdings Inc.
MARA,
-2.19%
sank 0.45% to $10.05.

Overstock.com Inc.
OSTK,
-2.96%
declined 1.34% to $18.47, while Block Inc.
SQ,
-1.46%
climbed 1.18% to $58.44 and Tesla Inc.
TSLA,
+1.84%
inched down 0.35% to $173.26.

PayPal Holdings Inc.
PYPL,
-0.57%
slipped 0.46% to $61.18, and Ebang International Holdings Inc.
EBON,
+4.91%
shares fell 4.01% to $5.50. NVIDIA Corp.
NVDA,
-1.31%
rose 1.97% to $307.72, and Advanced Micro Devices Inc.
AMD,
-1.95%
rallied 1.57% to $105.38.

In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
+0.60%,
which is focused on pure-play crypto companies, slid 0.29% to $6.80. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-1.20%
inched down 0.79% to $20.03. Grayscale Bitcoin Trust
GBTC,
-0.21%,
which tracks the Bitcoin market price, inched down 0.67% to $14.92.


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 19, 2023 May 19, 2023
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