Most Big Cryptocurrencies Climb on Solana, Dogecoin Increases

Dow Jones08-07 22:00

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 Solana seeing the biggest move, climbing 1.77% to $74.08.

Six additional currencies posted rises Friday. Dogecoin climbed 1.61% to 7 cents, and Bitcoin climbed 0.87% to $64,950.40.

Ethereum rose 0.83% to $1,921.49, while Avalanche rose 0.34% to $6.48. XRP climbed 0.25% to $1.04.

Tronix , which posted the smallest increase, rose 0.25% to 33 cents.

On the other hand, two cryptos posted decreases, with Cardano seeing the largest drop at 1.53% to 20 cents. Sui slid 0.49% to 67 cents.

In crypto-related company news, shares of Coinbase Global Inc. climbed 2.59% to $149.17, while Strategy Inc. climbed 5.05% to $101.74. Riot Platforms Inc. shares dropped 2.50% to $20.68, and shares of MARA Holdings Inc. dropped 7.46% to $9.86.

Block Inc. climbed 1.16% to $79.94 and Tesla Inc. climbed 2.14% to $326.36.

PayPal Holdings Inc. climbed 0.16% to $59.88, and Ebang International Holdings Inc. shares fell 2.62% to $1.86. NVIDIA Corp. increased 1.56% to $222.41, and Advanced Micro Devices Inc. inched down 0.67% to $486.00.

In the fund space, the Bitwise Crypto Industry Innovators ETF , which is focused on pure-play crypto companies, climbed 2.08% to $23.03. Blockchain-focused Amplify Blockchain Technology ETF climbed 0.22% to $59.78.

Data source: Dow Jones Market Data, FactSet

 

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