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Home » Solana leads gains as large cryptocurrencies start mixed
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Solana leads gains as large cryptocurrencies start mixed

News RoomBy News RoomAugust 6, 20230 Views0
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Large cryptocurrencies were mixed during morning trading on Friday, with Solana
SOLUSD,
+0.67%
seeing the biggest move, rising 1.83% to $23.38.

Ripple
XRPUSD,
+0.71%
led the decreases with a 1.30% drop to 66 cents.

Five other cryptocurrencies saw increases Friday. Uniswap
UNIUSD,
+1.33%
climbed 0.62% to $6.19, and Polkadot
DOTUSD,
+0.28%
climbed 0.45% to $5.03.

Dogecoin
DOGEUSD,
+0.74%
climbed 0.14% to 7 cents, and Polygon
MATICUSD,
+0.56%
climbed 0.13% to 67 cents.

Cardano
ADAUSD,
+0.56%,
which saw the smallest increase, climbed 0.01% to 29 cents.

In addition to Ripple, two other currencies posted drops. Bitcoin
BTCUSD,
+0.01%
slid 0.22% to $29,225.80, and Ethereum
ETHUSD,
+0.09%
slid 0.09% to $1,841.84.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-3.79%
climbed 1.00% to $91.66, while MicroStrategy Inc.
MSTR,
-3.32%
rose 0.02% to $390.00. Riot Platforms Inc.
RIOT,
-3.93%
shares slid 0.23% to $17.77, and shares of Marathon Digital Holdings Inc.
MARA,
-4.41%
sank 0.51% to $16.48.

Overstock.com Inc.
OSTK,
-6.52%
fell 4.28% to $34.67, while Block Inc.
SQ,
-13.64%
tumbled 12.54% to $64.33 and Tesla Inc.
TSLA,
-2.11%
slid 0.05% to $259.19.

PayPal Holdings Inc.
PYPL,
-2.23%
fell 1.55% to $63.19, and Ebang International Holdings Inc.
EBON,
-2.53%
shares rallied 4.49% to $9.07. NVIDIA Corp.
NVDA,
+0.37%
climbed 0.42% to $447.01, and Advanced Micro Devices Inc.
AMD,
+2.36%
increased 1.22% to $114.53.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-1.86%
inched down 0.24% to $24.67. The Bitwise Crypto Industry Innovators ETF
BITQ,
-4.08%,
which is focused on pure-play crypto companies, declined 1.18% to $9.20. Grayscale Bitcoin Trust
GBTC,
-0.41%,
which tracks the Bitcoin market price, was flat at $19.30.


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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