Cardano leads way as most big cryptocurrencies post gains

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Most large cryptocurrencies were up during morning trading on Friday, with Cardano
ADAUSD,
+2.79%
seeing the biggest change, surging 15.29% to 53 cents.

Seven additional currencies posted upswings Friday. Polkadot
DOTUSD,
+9.37%
rose 6.11% to $6.64, and Solana
SOLUSD,
+0.52%
increased 6.10% to $72.93.

Polygon
MATICUSD,
+1.96%
climbed 4.90% to 88 cents, while Dogecoin
DOGEUSD,
-0.03
rose 3.74% to 10 cents. Bitcoin
BTCUSD,
-0.69%
increased 1.17% to $43,975.00.

Ripple
XRPUSD,
+0.32%
and Uniswap
UNIUSD,
+2.64%
rounded out the increases for Friday, with gains of 1.17% to 65 cents and 1.07% to $6.35, respectively.

On the other hand, Ethereum
ETHUSD,
-0.47%
posted the only drop, falling 0.24% to $2,364.68.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+7.66%
rose 3.63% to $141.14, while MicroStrategy Inc.
MSTR,
+4.96%
increased 3.47% to $590.90. Riot Platforms Inc.
RIOT,
+6.38%
shares rose 5.65% to $15.72, and shares of Marathon Digital Holdings Inc.
MARA,
+8.19%
increased 6.09% to $16.46.

Block Inc.
SQ,
+1.02%
rose 1.31% to $69.37 and Tesla Inc.
TSLA,
+0.49%
rose 0.09% to $242.87.

PayPal Holdings Inc.
PYPL,
+0.79%
rose 1.40% to $59.30, and Ebang International Holdings Inc.
EBON,
-1.95%
shares shed 1.87% to $7.86. NVIDIA Corp.
NVDA,
+1.95%
increased 1.37% to $472.35, and Advanced Micro Devices Inc.
AMD,
+0.43%
climbed 0.36% to $128.84.

In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
+6.82%,
which is focused on pure-play crypto companies, rose 3.88% to $9.90. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+3.76%
increased 1.92% to $27.13. Grayscale Bitcoin Trust
GBTC,
+4.73%,
which tracks the Bitcoin market price, rose 2.77% to $34.85.


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.

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