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Large cryptocurrencies mixed as Ethereum declines

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Large cryptocurrencies mixed as Ethereum declines

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Published: July 7, 2023 at 10:00 a.m. ET

Large cryptocurrencies were mixed during morning trading on Friday, with Uniswap Uniswap USD seeing the biggest move, rallying 2.04% to $5.55.

Ethereum Ethereum USD led the decreases with a 0.50% drop to $1,873.79.

Five other cryptocurrencies saw increases Friday. Polkadot Polkadot USD climbed 1.54% to $5.17, and Solana Solana USD rose 0.68%…

Large cryptocurrencies were mixed during morning trading on Friday, with Uniswap

UNIUSD

seeing the biggest move, rallying 2.04% to $5.55.

Ethereum

ETHUSD

led the decreases with a 0.50% drop to $1,873.79.

Five other cryptocurrencies saw increases Friday. Polkadot

DOTUSD

climbed 1.54% to $5.17, and Solana

SOLUSD

rose 0.68% to $20.88.

Cardano

ADAUSD

rose 0.63% to 28 cents, and Bitcoin

BTCUSD

climbed 0.24% to $30,381.70.

Polygon

MATICUSD

,
which saw the smallest increase, climbed 0.07% to 68 cents.

In addition to Ethereum, two other currencies posted decreases. Dogecoin

DOGEUSD

slid 0.48% to 7 cents, and Ripple

XRPUSD

slipped 0.01% to 47 cents.

In crypto-related company news, shares of Coinbase Global Inc.

COIN

increased 2.32% to $79.92, while MicroStrategy Inc.

MSTR

climbed 2.88% to $387.40. Riot Platforms Inc.

RIOT

shares rallied 8.83% to $14.74, and shares of Marathon Digital Holdings Inc.

MARA

rose 5.61% to $16.18.

Overstock.com Inc.

OSTK

rose 2.97% to $28.61, while Block Inc.

SQ

rose 3.84% to $67.09 and Tesla Inc.

TSLA

climbed 0.65% to $278.35.

PayPal Holdings Inc.

PYPL

increased 1.91% to $67.41, and Ebang International Holdings Inc.

EBON

shares rose 5.01% to $7.09. NVIDIA Corp.

NVDA

increased 1.23% to $426.22, and Advanced Micro Devices Inc.

AMD

increased 1.04% to $114.67.

In the fund space, the Bitwise Crypto Industry Innovators ETF

BITQ

,
which is focused on pure-play crypto companies, rose 3.42% to $9.08. Blockchain-focused Amplify Transformational Data Sharing ETF

BLOK

rallied 2.64% to $24.08. Grayscale Bitcoin Trust

GBTC

,

which tracks the Bitcoin market price, slid 0.12% to $20.06.


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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