Most big cryptocurrencies rise on Cardano, Solana increases

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Most large cryptocurrencies were up during morning trading on Thursday, with Cardano
ADAUSD,
+5.71%
seeing the biggest move, climbing 6.34% to 53 cents.

Seven additional currencies posted rises Thursday. Solana
SOLUSD,
+2.17%
climbed 3.85% to $104.49, and Bitcoin
BTCUSD,
+2.62%
rose 2.08% to $45,095.80.

Ripple
XRPUSD,
+0.81%
rose 0.61% to 52 cents, while Dogecoin
DOGEUSD,
+0.33%
rose 0.60% to 8 cents. Polkadot
DOTUSD,
+1.36%
climbed 0.50% to $6.98.

Polygon
MATICUSD,
+1.09%
and Ethereum
ETHUSD,
-0.01%
rounded out the increases for Thursday, with gains of 0.50% to 84 cents and 0.37% to $2,438.63, respectively.

On the other hand, Uniswap
UNIUSD,
-1.46%
posted the only drop, falling 1.50% to $6.35.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+8.23%
rose 6.43% to $129.93, while MicroStrategy Inc.
MSTR,
+13.92%
climbed 6.93% to $543.20. Riot Platforms Inc.
RIOT,
+12.98%
shares rose 7.28% to $12.14, and shares of Marathon Digital Holdings Inc.
MARA,
+19.21%
surged 10.21% to $19.33.

Block Inc.
SQ,
+1.11%
rose 0.04% to $68.34 and Tesla Inc.
TSLA,
+0.99%
rose 0.26% to $188.07.

PayPal Holdings Inc.
PYPL,
-11.50%
dropped 9.41% to $57.29, and Ebang International Holdings Inc.
EBON,
+8.71%
shares rose 4.63% to $9.13. NVIDIA Corp.
NVDA,
+0.34%
climbed 0.02% to $701.15, and Advanced Micro Devices Inc.
AMD,
-0.38%
rose 0.48% to $171.76.

In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
+7.85%,
which is focused on pure-play crypto companies, climbed 5.37% to $9.22. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+3.31%
rose 2.08% to $28.03.


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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