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Cryptocurrency Market Update

1 Mins read

Overview

The cryptocurrency market showed a mixed performance during morning trading on Friday. While some major cryptocurrencies experienced increases, others saw slight decreases. Let’s take a closer look at the movements in the market.

Top Gainers

Ethereum (ETHUSD)

Ethereum (ETHUSD) led the gains, climbing 4.02% to reach $2,708.82.

Other Increases

  • Uniswap (UNIUSD) increased by 3.56% to reach $6.95.
  • Polygon (MATICUSD) rose 2.76% and reached 94 cents.
  • Cardano (ADAUSD) experienced a 1.18% increase, reaching 59 cents.
  • Dogecoin (DOGEUSD) also rose by 1.11% and reached 9 cents.

Smallest Increase

Polkadot (DOTUSD) saw the smallest increase, climbing 0.00% to reach $8.12.

Top Losers

Bitcoin (BTCUSD)

Bitcoin (BTCUSD) led the declines, dropping 1.50% to reach $45,441.20.

Other Decreases

  • Solana (SOLUSD) shed 1.26% and reached $98.50.
  • Ripple (XRPUSD) sank 0.39%, reaching 60 cents.

Other Market Movements

In addition to the cryptocurrencies mentioned above, there were other notable movements in the market:

Crypto-Related Companies

  • Coinbase Global Inc. (COIN) shares shed 2.23% and reached $138.01.
  • MicroStrategy Inc. (MSTR) declined 3.87% and reached $515.44.
  • Riot Platforms Inc. (RIOT) shares dropped 5.34%, reaching $12.39.
  • Marathon Digital Holdings Inc. (MARA) fell 5.60% to $21.15.

Other Companies

  • Block Inc. (SQ) climbed 0.30% and reached $68.07.
  • Tesla Inc. (TSLA) dropped 1.43% and reached $223.98.
  • PayPal Holdings Inc. (PYPL) slid 0.20% and reached $61.23.
  • Ebang International Holdings Inc. (EBON) shares slid 0.11%, reaching $11.19.
  • NVIDIA Corp. (NVDA) sank 0.39% and reached $546.07.
  • Advanced Micro Devices Inc. (AMD) inched down 0.62% and reached $147.11.

Funds

  • Amplify Transformational Data Sharing ETF (BLOK), which focuses on blockchain, inched down 0.64% to reach $28.02.
  • Bitwise Crypto Industry Innovators ETF (BITQ), which is focused on pure-play crypto companies, dropped 3.37% and reached $10.03.

Conclusion

Overall, the cryptocurrency market showed a mixed performance with Ethereum leading the gains and Bitcoin leading the declines. It will be interesting to see how the market continues to evolve in the coming days.

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