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Solana leads gains as large cryptocurrencies start mixed

25 January 2024
in Solano
Reading Time: 2 mins read
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Large cryptocurrencies were mixed during morning trading on Thursday, with Solana
SOLUSD,
+0.80%
seeing the biggest move, climbing 1.84% to $88.00.

Ripple
XRPUSD,
-1.47%
led the decreases with a 1.26% drop to 51 cents.

Three other cryptocurrencies saw increases Thursday. Polkadot
DOTUSD,
+1.13%
increased 1.74% to $6.45, and Cardano
ADAUSD,
-0.78%
climbed 0.71% to 47 cents.

Bitcoin
BTCUSD,
+0.45%,
which saw the smallest increase, climbed 0.63% to $40,000.00.

In addition to Ripple, three other currencies posted decreases. Dogecoin
DOGEUSD,
-1.24%
slid 0.73% to 8 cents, and Uniswap
UNIUSD,
-1.00%
slipped 0.64% to $5.76.

Ethereum
ETHUSD,
-0.86%,
which rounded out the decreases, slid 0.16% to $2,210.80.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-0.36%
rose 1.96% to $123.72, while MicroStrategy Inc.
MSTR,
-0.12%
climbed 0.78% to $454.52. Riot Platforms Inc.
RIOT,
+1.24%
shares increased 3.77% to $10.45, and shares of Marathon Digital Holdings Inc.
MARA,
+1.66%
increased 4.82% to $16.41.

Block Inc.
SQ,
-0.13%
climbed 0.06% to $62.61 and Tesla Inc.
TSLA,
-9.98%
declined 8.63% to $189.90.

PayPal Holdings Inc.
PYPL,
+0.67%
rose 0.02% to $63.03, and Ebang International Holdings Inc.
EBON,
-5.80%
shares were flat at $10.00. NVIDIA Corp.
NVDA,
+1.97%
rose 0.93% to $619.33, and Advanced Micro Devices Inc.
AMD,
+2.53%
rose 0.62% to $179.39.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+0.92%
climbed 1.41% to $26.53. The Bitwise Crypto Industry Innovators ETF
BITQ,
+0.74%,
which is focused on pure-play crypto companies, climbed 0.79% to $8.22.


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.

Credit: Source link

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