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Cryptocurrency Market Update

September 8, 2023 by Forex Winner Leave a Comment

All major cryptocurrencies experienced a decline during morning trading on Friday. The biggest change was seen in Polygon (MATICUSD), which declined by 1.74% to 54 cents.

Here are the key details of the other cryptocurrency movements:

  • Uniswap (UNIUSD) declined by 1.71% to $4.38
  • Polkadot (DOTUSD) slipped by 0.77% to $4.24
  • Solana (SOLUSD) sank by 0.77% to $19.59
  • Ethereum (ETHUSD) sank by 0.49% to $1,630.76
  • Cardano (ADAUSD) inched down by 0.59% to 25 cents
  • Bitcoin (BTCUSD) fell by 0.42% to $25,890.70
  • Dogecoin (DOGEUSD) fell by 0.28% to 6 cents
  • Ripple (XRPUSD) declined by 0.26% to 50 cents

In terms of crypto-related company news, the following movements were observed:

  • Shares of Coinbase Global Inc. (COIN) dropped by 1.14% to $80.86
  • MicroStrategy Inc. (MSTR) shed 1.63% to $347.31
  • Riot Platforms Inc. (RIOT) shares declined by 3.82% to $10.95
  • Shares of Marathon Digital Holdings Inc. (MARA) shed 9.26% to $11.22
  • Overstock.com Inc. (OSTK) inched down by 0.16% to $20.56
  • Block Inc. (SQ) fell by 4.43% to $53.56
  • Tesla Inc. (TSLA) climbed by 1.09% to $254.22
  • PayPal Holdings Inc. (PYPL) fell by 1.80% to $60.54
  • Ebang International Holdings Inc. (EBON) shares rose by 1.42% to $7.15
  • NVIDIA Corp. (NVDA) sank to $462.41
  • Advanced Micro Devices Inc. (AMD) climbed by 2.32% to $109.06

In the fund space, the following movements were observed:

  • Blockchain-focused Amplify Transformational Data Sharing ETF (BLOK) fell by 1.30% to $21.18
  • The Bitwise Crypto Industry Innovators ETF (BITQ), which is focused on pure-play crypto companies, dropped by 1.49% to $7.26
  • Grayscale Bitcoin Trust (GBTC), which tracks the Bitcoin market price, rose by 0.16% to $19.33

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