• Tue. Aug 2nd, 2022

Most Major Cryptocurrencies Rise as Ethereum Rally

ByHazel R. Lang

Jul 1, 2022

Most of the biggest cryptocurrencies were up in Friday morning trading, with Ethereum ETHUSD,
+5.48%
seeing the biggest change, climbing 4.95% to $1,061.71.

Seven additional currencies posted gains on Friday. Dogecoin DOGEUSD,
+4.54%
rallied 4.40% to 7 cents, and Bitcoin BTCUSD,
+3.50%
rose 4.03% to $19,485.96.

Cardano ADAUSD,
+1.75%
rose 2.17% to 45 cents, while Uniswap UNIUSD,
+0.86%
rose 2.16% to $4.88. Bitcoin Cash BCHUSD,
+1.79%
rose 1.15% to $100.83.

DOTUSD Peas,
+0.73%
and Litecoin LTCUSD,
-0.06%
completed Friday’s gains, with gains of 1.15% to $6.78 and 0.41% to $51.23, respectively.

On the other hand, Ripple XRPUSD,
-1.53%
posted the only decline, down 0.64% to 31 cents.

In crypto-related business news, Coinbase Global Inc. COIN shares,
+3.15%
rose 6.25% to $49.96, while MicroStrategy Inc. MSTR,
+0.82%
climbed 3.86% to $170.65. Riot Blockchain Inc. RIOT,
+1.91%
shares rose 3.82% to $4.35, and shares of Marathon Digital Holdings Inc. MARA,
+1.97%
climbed 6.20% to $5.67.

Overstock.com Inc. OSTK,
+2.04%
rose 5.12% to $26.29, while Block Inc. SQ,
+2.80%
climbed 5.42% to $64.79 and Tesla Inc. TSLA,
-0.03%
rose 2.44% to $689.87.

PayPal Holdings Inc. PYPL,
+0.87%
rose 2.40% to $71.52, and Ebang International Holdings Inc. Cl A EBON,
+5.71%
the shares climbed 5.94% to 42 cents. NVIDIA Corp.NVDA,
-3.48%
fell 1.28% to $149.65, and Advanced Micro Devices Inc. AMD,
-3.66%
lose 2.40% to $74.85.

In the fund space, the Bitwise Crypto Industry Innovators ETF BITQ,
+0.36%,
which focuses on pure-play crypto companies, rose 2.52% to $5.69. Blockchain-driven Amplify Transformational Data Sharing ETF BLOK,
+0.25%
rose 1.54% to $18.41. Grayscale Bitcoin Trust GBTC,
which tracks Bitcoin market price, rose 3.15% to $12.44.

Editor’s Note: This story, which tracks nine of the major cryptocurrencies and excludes stablecoins, was auto-generated by Automated previewsan automation technology provider, using data from Dow Jones, FactSet and kraken. See our Market Data Terms of Use.


Source link