Overview
The cryptocurrency market experienced mixed movements during morning trading on Thursday. While most large cryptocurrencies saw gains, there were a few exceptions. Let’s take a closer look at the notable changes:
Top Gainers
- Polygon (MATIC): The biggest gainer of the day, rising by an impressive 5.08% to reach 79 cents.
- Polkadot (DOT): Increased by 3.99% and reached $5.41.
- Dogecoin (DOGE): Rallied 3.95% to reach 7 cents.
- Uniswap (UNI): Had a solid performance, rallying 2.17% to $6.08.
- Cardano (ADA): Rose 1.64% to 33 cents.
- Solana (SOL): Showed a moderate increase of 0.98% and reached $27.07.
- Ethereum (ETH) and Bitcoin (BTC): Both experienced smaller gains, with Ethereum rising by 0.98% to $1,917.62 and Bitcoin increasing by 0.97% to $30,253.10.
Sole Decliner
- Ripple (XRP): Posted the only drop, falling 2.41% to 81 cents.
Company News
In the crypto-related company news, here are some notable updates:
- Coinbase Global Inc. (COIN): Shares dropped by 2.12% to $107.82.
- MicroStrategy Inc. (MSTR): Experienced a slight increase of 0.80% and reached $456.74.
- Riot Platforms Inc. (RIOT): Shares rallied by 2.80%, reaching $19.46.
- Marathon Digital Holdings Inc. (MARA): Climbed 2.21% to reach $17.98.
- Overstock.com Inc. (OSTK): Increased by 1.97% to $32.57.
- Block Inc. (SQ): Slipped by 0.88% to $77.51.
- Tesla Inc. (TSLA): Saw a decline of 5.32% and reached $275.77.
- PayPal Holdings IInc. (PYPL): Rose by 0.16% to $74.34.
- Ebang International Holdings Inc. (EBON): Shares climbed by a notable 5.16%, reaching $11.20.
- NVIDIA Corp. (NVDA): Experienced a small decline of 0.83%, reaching $466.86.
- Advanced Micro Devices Inc. (AMD): Fell by 2.79% to $113.18.
Fund Space Update
In the fund space, here are the latest movements:
- Amplify Transformational Data Sharing ETF (BLOK): Rose by 0.40% to reach $26.48. This ETF focuses on blockchain technology.
- Bitwise Crypto Industry Innovators ETF (BITQ): Climbed by 0.05% to $10.61. This ETF primarily invests in pure-play crypto companies.
- Grayscale Bitcoin Trust (GBTC): Tracks the Bitcoin market price and saw an increase of 0.95% to reach $20.27.
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