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Most large cryptocurrencies rise on Ripple, Uniswap increases

News Room by News Room
November 7, 2023
Reading Time: 2 mins read
0
Large cryptocurrencies rise as Solana increases

Most large cryptocurrencies were up during morning trading on Monday, with Ripple
XRPUSD,
-5.62%
seeing the biggest move, rising 9.07% to 71 cents.

Seven additional currencies posted gains Monday. Uniswap
UNIUSD,
-1.42%
rose 6.49% to $5.04, and Dogecoin
DOGEUSD,
-0.11
increased 6.00% to 7 cents.

Polygon
MATICUSD,
+1.54%
climbed 3.82% to 71 cents, while Polkadot
DOTUSD,
+0.27%
rose 2.98% to $4.85. Cardano
ADAUSD,
-2.46%
increased 1.36% to 35 cents.

Ethereum
ETHUSD,
-0.35%
and Bitcoin
BTCUSD,
-0.45%
rounded out the increases for Monday, with gains of 1.36% to $1,895.17 and 0.96% to $35,009.90, respectively.

On the other hand, Solana
SOLUSD,
+1.14%
posted the only drop, falling 1.04% to $40.09.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+0.66%
increased 1.03% to $86.69, while MicroStrategy Inc.
MSTR,
+1.25%
rose 1.87% to $462.45. Riot Platforms Inc.
RIOT,
-3.34%
shares fell 1.02% to $11.27, and shares of Marathon Digital Holdings Inc.
MARA,
-1.81%
climbed 0.27% to $9.44.

Block Inc.
SQ,
+1.73%
inched down 0.37% to $48.50 and Tesla Inc.
TSLA,
-0.31%
climbed 0.18% to $220.36.

PayPal Holdings Inc.
PYPL,
-2.64%
dropped 2.04% to $54.96, and Ebang International Holdings Inc.
EBON,
-2.07%
shares declined 6.21% to $7.70. NVIDIA Corp.
NVDA,
+1.66%
climbed 1.42% to $456.45, and Advanced Micro Devices Inc.
AMD,
-0.45%
slipped 0.64% to $111.53.

In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
-0.54%,
which is focused on pure-play crypto companies, climbed 0.40% to $7.50. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-0.82%
inched down 0.39% to $21.99. Grayscale Bitcoin Trust
GBTC,
-0.37%,
which tracks the Bitcoin market price, increased 1.48% to $27.45.


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.

Read the full article here

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