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Most large cryptocurrencies rise as Polygon climbs

News Room by News Room
May 26, 2023
in Investing
Reading Time: 2 mins read
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Most large cryptocurrencies were up during morning trading on Friday, with Polygon
MATICUSD
seeing the biggest change, rallying 4.00% to 93 cents.

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

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

Dogecoin
DOGEUSD
and Cardano
ADAUSD
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
posted the only drop, falling 0.38% to $5.23.

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

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

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

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

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