Most Big Cryptocurrencies Rise As Dogecoin Climbs

MarketWatch · 10/18 14:01

This article was automatically generated by MarketWatch using technology from Automated Insights.

Most large cryptocurrencies were up during U.S. morning trading on Friday, with Dogecoin seeing the biggest move, rising 4.81% to 13 cents.

Seven additional currencies posted rises Friday. Chainlink rose 3.55% to $11.41, and Solana rose 2.77% to $153.85.

Bitcoin increased 1.83% to $68,173.10, while Avalanche climbed 1.51% to $27.60. Ethereum climbed 1.07% to $2,627.67.

Cardano and Polkadot rounded out the increases for Friday, with gains of 1.07% to 35 cents and 0.94% to $4.23, respectively.

On the other hand, Ripple posted the only drop, falling 0.26% to 54 cents.

In crypto-related company news, shares of Coinbase Global Inc. rose 4.47% to $213.33, while MicroStrategy Inc. climbed 7.39% to $207.72. Riot Platforms Inc. shares climbed 5.22% to $9.68, and shares of MARA Holdings Inc. climbed 4.26% to $18.78.

Block Inc. rose 0.39% to $73.96 and Tesla Inc. rose 0.18% to $221.28.

PayPal Holdings Inc. sank 0.27% to $79.61, and Ebang International Holdings Inc. shares climbed 2.59% to $5.95. NVIDIA Corp. climbed 0.81% to $138.03, and Advanced Micro Devices Inc. rose 0.24% to $156.63.

In the fund space, the Bitwise Crypto Industry Innovators ETF , which is focused on pure-play crypto companies, rose 3.59% to $15.06. Blockchain-focused Amplify Transformational Data Sharing ETF rose 1.56% to $40.41.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

October 18, 2024 10:01 ET (14:01 GMT)

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