News
John Smaug
- November 16, 2023
Dogecoin (DOGE) Sees Significant Increase
During morning trading on Thursday, the cryptocurrency market experienced mixed movements. The standout performer was Dogecoin (DOGEUSD), which climbed 5.13% to reach 8 cents.
Solana (SOL) Leads the Decreases
On the other hand, Solana (SOLUSD) led the decreases with a drop of 3.76% to $62.71.
Other Cryptocurrency Movements
While some cryptocurrencies experienced declines, there were also notable increases. Cardano (ADAUSD) rose 4.14% to 39 cents, and Uniswap (UNIUSD) saw a 1.37% increase to $5.40.
Let's take a closer look at the performance of other major cryptocurrencies:
- Bitcoin (BTCUSD) shed 2.50% to reach $36,723.20.
- Ripple (XRPUSD) declined 1.99% to 63 cents.
- Ethereum (ETHUSD) inched down by 0.97% to $2,029.13.
- Polygon (MATICUSD) experienced a slight slide of 0.90% to 90 cents.
- Polkadot (DOTUSD) recorded the smallest decline, falling 0.20% to $5.56.
Crypto-Related Company News
It's also worth noting some developments in the crypto-related company space:
- Shares of Coinbase Global Inc. (COIN) shed 2.16% to $96.03.
- MicroStrategy Inc. (MSTR) dropped 2.68% to $492.41.
- Riot Platforms Inc. (RIOT) experienced a decline of 6.23% to $10.02.
- Marathon Digital Holdings Inc. (MARA) saw a significant drop of 6.65% to $9.56.
- Block Inc. (SQ) fell 1.11% to $55.68.
- Tesla Inc. (TSLA) shed 1.39% to $239.46.
- PayPal Holdings Inc. (PYPL) experienced a decline of 1.85% to $57.17.
- Ebang International Holdings Inc. (EBON) shares dropped 3.49% to $7.32.
- NVIDIA Corp. (NVDA) inched down by 0.62% to $485.87.
- Advanced Micro Devices Inc. (AMD) saw an increase of 1.10% to $119.30.
Cryptocurrency-Focused Funds
In the fund space, there were also movements worth mentioning:
- Amplify Transformational Data Sharing ETF (BLOK), which focuses on blockchain technology, experienced a drop of 2.37% to $22.25.
- The Bitwise Crypto Industry Innovators ETF (BITQ), which concentrates on pure-play crypto companies, shed 3.57% to $7.30.
- Grayscale Bitcoin Trust (GBTC), which tracks the Bitcoin market price, saw a decline of 1.71% to $29.25.
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