Solana leads crypto downturn as Block Inc. shares surge By Investing.com
[ad_1]
© Reuters.
Today, the cryptocurrency market experienced a mixed trend with Solana () leading the losses, falling by 3.35% to $39.50. This marked the largest decline among cryptocurrencies during Friday’s trading. () also reported a loss, falling by 1.01%. Other cryptocurrencies such as (), Dogecoin (), (UNIUSD), and Cardano () followed suit with losses.
On the other hand, Polygon () led the gains with a 1.14% rise to 66 cents. Ripple () and Ethereum () also reported increases, standing out in an otherwise bearish day for the crypto market.
In relation to crypto-related companies, Block Inc.’s shares surged significantly by 15.21%, marking a notable increase in today’s trading. Coinbase (NASDAQ:) Global Inc.’s shares climbed by 2.15%, while Riot Platforms (NASDAQ:) Inc., Overstock.com (NASDAQ:) Inc., and Tesla (NASDAQ:) Inc.’s shares also reported gains.
However, not all companies enjoyed a positive day, with MicroStrategy Inc., Marathon Digital (NASDAQ:) Holdings Inc., and Ebang International Holdings Inc.’s shares falling, with Ebang notably dropping by 1.13%.
In the tech sector, shares of PayPal Holdings Inc (NASDAQ:)., NVIDIA Corp (NASDAQ:)., and Advanced Micro Devices (NASDAQ:) Inc. increased, with NVIDIA leading the pack with a climb of 1.71%.
Turning to the fund sector, both Amplify Transformational Data Sharing ETF and Bitwise Crypto Industry Innovators ETF posted gains today. Amplify climbed notably by 1.49%, while Bitwise saw an increase of 0.47%. However, Grayscale Bitcoin Trust witnessed a slight decrease in its value.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
[ad_2]
Source link
© Reuters.
Today, the cryptocurrency market experienced a mixed trend with Solana () leading the losses, falling by 3.35% to $39.50. This marked the largest decline among cryptocurrencies during Friday’s trading. () also reported a loss, falling by 1.01%. Other cryptocurrencies such as (), Dogecoin (), (UNIUSD), and Cardano () followed suit with losses.
On the other hand, Polygon () led the gains with a 1.14% rise to 66 cents. Ripple () and Ethereum () also reported increases, standing out in an otherwise bearish day for the crypto market.
In relation to crypto-related companies, Block Inc.’s shares surged significantly by 15.21%, marking a notable increase in today’s trading. Coinbase (NASDAQ:) Global Inc.’s shares climbed by 2.15%, while Riot Platforms (NASDAQ:) Inc., Overstock.com (NASDAQ:) Inc., and Tesla (NASDAQ:) Inc.’s shares also reported gains.
However, not all companies enjoyed a positive day, with MicroStrategy Inc., Marathon Digital (NASDAQ:) Holdings Inc., and Ebang International Holdings Inc.’s shares falling, with Ebang notably dropping by 1.13%.
In the tech sector, shares of PayPal Holdings Inc (NASDAQ:)., NVIDIA Corp (NASDAQ:)., and Advanced Micro Devices (NASDAQ:) Inc. increased, with NVIDIA leading the pack with a climb of 1.71%.
Turning to the fund sector, both Amplify Transformational Data Sharing ETF and Bitwise Crypto Industry Innovators ETF posted gains today. Amplify climbed notably by 1.49%, while Bitwise saw an increase of 0.47%. However, Grayscale Bitcoin Trust witnessed a slight decrease in its value.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
About The Author
