Crypto market surges as major coins rise, mixed performance for related stocks By Investing.com
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Friday’s trading session saw a notable rise in major cryptocurrencies, with , Polygon, , , , , , , and all experiencing an upswing. This positive movement in the crypto market was reflected in the funds market where Bitwise Crypto Industry Innovators ETF, Amplify Transformational Data Sharing ETF, and Grayscale Bitcoin Trust reported gains.
Despite the generally positive trend in the crypto market, shares of crypto-related companies displayed a mixed performance. Stocks of Coinbase (NASDAQ:) Global Inc., MicroStrategy Inc., Riot Platforms Inc., Marathon Digital (NASDAQ:) Holdings Inc., PayPal Holdings Inc (NASDAQ:)., Ebang International Holdings Inc., NVIDIA Corp (NASDAQ:)., and Advanced Micro Devices (NASDAQ:) Inc. showed varied results during Friday’s trading session.
In contrast to this mixed performance, certain companies experienced a downturn. Shares of Overstock.com (NASDAQ:) Inc., Block Inc., and Tesla (NASDAQ:) Inc. faced a decrease during the same trading session. The reasons behind this drop remain unclear and are potentially influenced by factors external to the overall positive trend within the cryptocurrency market.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
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© Reuters
Friday’s trading session saw a notable rise in major cryptocurrencies, with , Polygon, , , , , , , and all experiencing an upswing. This positive movement in the crypto market was reflected in the funds market where Bitwise Crypto Industry Innovators ETF, Amplify Transformational Data Sharing ETF, and Grayscale Bitcoin Trust reported gains.
Despite the generally positive trend in the crypto market, shares of crypto-related companies displayed a mixed performance. Stocks of Coinbase (NASDAQ:) Global Inc., MicroStrategy Inc., Riot Platforms Inc., Marathon Digital (NASDAQ:) Holdings Inc., PayPal Holdings Inc (NASDAQ:)., Ebang International Holdings Inc., NVIDIA Corp (NASDAQ:)., and Advanced Micro Devices (NASDAQ:) Inc. showed varied results during Friday’s trading session.
In contrast to this mixed performance, certain companies experienced a downturn. Shares of Overstock.com (NASDAQ:) Inc., Block Inc., and Tesla (NASDAQ:) Inc. faced a decrease during the same trading session. The reasons behind this drop remain unclear and are potentially influenced by factors external to the overall positive trend within the cryptocurrency market.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
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