News

Cryptocurrency Market Update

1 Mins read

Dogecoin Leads the Way with 7.25% Surge

In morning trading on Friday, the majority of large cryptocurrencies experienced gains, with Dogecoin (DOGEUSD) taking the lead by climbing 7.25% to reach 7 cents. This upward momentum was reflected in six additional currencies as well. Uniswap (UNIUSD) rallied 5.22% to $6.19, while Polkadot (DOTUSD) rose by 3.81% to $5.45.

Other Notable Gains and Losses

Solana (SOLUSD) registered a modest increase of 0.71% and reached $25.38, while Polygon (MATICUSD) saw a slight rise of 0.55% to reach 77 cents. Bitcoin (BTCUSD) experienced a marginal 0.11% increase, settling at $29,809.40. Meanwhile, Ethereum (ETHUSD) had the smallest increase of all, rising by 0.11% to reach $1,889.26.

In contrast, two cryptocurrencies experienced declines during this period. Ripple (XRPUSD) saw the largest drop, decreasing by 0.62% to 77 cents. Cardano (ADAUSD) also dipped by 0.39%, settling at 31 cents.

Company Performance in the Crypto Space

In terms of crypto-related companies, Coinbase Global Inc. (COIN) witnessed a decrease of 1.62%, with its shares reaching $99.62. MicroStrategy Inc. (MSTR) saw a drop of 2.40%, resulting in shares valued at $430.27. Riot Platforms Inc. (RIOT) experienced a substantial decline of 5.39%, with its shares falling to $17.48. Similarly, Marathon Digital Holdings Inc. (MARA) witnessed a decrease of 3.46%, with shares valued at $16.47.

On a more positive note, Overstock.com Inc. (OSTK) observed a 0.66% increase, reaching $31.95. Block Inc. (SQ) experienced a slight decline of 0.51%, settling at $75.78, while Tesla Inc. (TSLA) saw a slight decrease of 0.29% as shares reached $262.15.

PayPal Holdings Inc. (PYPL) witnessed a decline of 1.00%, with its shares valued at $72.29. Ebang International Holdings Inc. (EBON) experienced a significant drop of 7.32% as shares reached $10.00. NVIDIA Corp. (NVDA) saw a decrease of 1.10%, with shares valued at $450.21, while Advanced Micro Devices Inc. (AMD) registered a minor increase of 0.02%, with shares valued at $110.27.

Highlights in the Fund Space

Within the fund space, the Amplify Transformational Data Sharing ETF (BLOK), which focuses on blockchain technologies, experienced a decline of 1.23% and reached $25.34. The Bitwise Crypto Industry Innovators ETF (BITQ), which primarily invests in pure-play crypto companies, observed a decline of 3.18%, with shares valued at $9.73. On the other hand, the Grayscale Bitcoin Trust (GBTC), which tracks the Bitcoin market price, saw a notable increase of 1.43% and settled at $19.87.

Related posts
News

Ethereum and Chainlink Whales Accumulate MAGACOIN FINANCE Before 2025 Breakout

2 Mins read
Whale moves are shaping the crypto market once again, with massive purchases sparking new debates about which assets will dominate the next…
News

Nvidia gives lukewarm forecast, stoking fears of AI slowdown - The Boston Globe

2 Mins read
President Trump said that philanthropist George Soros and his son should be charged with racketeering for allegedly supporting violent protests “and much…
News

Bitcoin Slides as Investors Hope For Bullish Price Action - Tekedia

2 Mins read
Bitcoin has continued to extend its losing streak on Tuesday. According to CoinDesk data, the world’s largest digital asset dropped 2.6% in…

Leave a Reply

Your email address will not be published. Required fields are marked *