Cryptocurrency Market Update

Cryptocurrency Market Update

Most large cryptocurrencies showed positive movement during morning trading on Thursday, with some notable gains in the market.

Top Gainers:

• Dogecoin (DOGE) soared by 13.70% to reach 13 cents.
• Solana (SOL) surged by 13.55% to $131.72.
• Cardano (ADA) saw an increase of 11.38% to 70 cents.
• Polkadot (DOT) rose by 7.29% to $8.82.
• Ripple (XRP) gained 5.25% to reach 60 cents.
• Polygon (MATIC) increased by 4.46% to $1.05.

Both Ethereum (ETH) and Bitcoin (BTC) also recorded gains on Thursday, with increases of 4.46% and 4.01% respectively.

Sole Decliner:

• Uniswap (UNI) was the only currency that experienced a drop, falling 0.19% to $10.83.

Crypto-Related Company Movements:

• Shares of Coinbase Global Inc. rose by 2.22% to $205.25.
• MicroStrategy Inc. saw a rise of 5.25% to $1,013.46.
• Riot Platforms Inc. experienced a decrease of 6.78% to $14.59.
• Marathon Digital Holdings Inc. dropped 8.22% to $28.48.

Other Company Updates:

• Block Inc. rose by 2.46% to $80.35.
• Tesla Inc. climbed 0.39% to $202.84.
• PayPal Holdings Inc. increased by 2.44% to $61.72.
• Ebang International Holdings Inc saw a climb of 1.83% to $12.81.
• NVIDIA Corp. rose by 2.38% to $795.12.
• Advanced Micro Devices Inc. climbed 3.70% to $183.08.

Funds Performance:

• The Amplify Transformational Data Sharing ETF (BLOK) rose by 0.30% to $33.94.
• However, the Bitwise Crypto Industry Innovators ETF (BITQ) focused on pure-play crypto companies, shed 2.54% to $11.94.

This update provides a snapshot of the recent movements in the cryptocurrency market.