Most big cryptocurrencies increase as Bitcoin climbs


Published: May 2, 2023 at 10:00 a.m. ET

Most of the large cryptocurrencies were up during morning trading on Tuesday, with Bitcoin Bitcoin USD seeing the biggest change, climbing 1.16% to $28,011.70.

Seven additional currencies posted rises Tuesday. Ethereum Ethereum USD increased 1.12% to $1,829.99, and Solana Solana USD rose 0.88% to $21.85.

Polkadot Polkadot USD rose 0.86% to…

Most of the large cryptocurrencies were up during morning trading on Tuesday, with Bitcoin

BTCUSD

seeing the biggest change, climbing 1.16% to $28,011.70.

Seven additional currencies posted rises Tuesday. Ethereum

ETHUSD

increased 1.12% to $1,829.99, and Solana

SOLUSD

rose 0.88% to $21.85.

Polkadot

DOTUSD

rose 0.86% to $5.65, while Polygon

MATICUSD

climbed 0.37% to 96 cents. Cardano

ADAUSD

climbed 0.18% to 38 cents.

Ripple

XRPUSD

and Uniswap

UNIUSD

rounded out the increases for Tuesday, with gains of 0.18% to 46 cents and 0.04% to $5.28, respectively.

On the other hand, Dogecoin

DOGEUSD

posted the only drop, falling 0.00% to 8 cents.

In crypto-related company news, shares of Coinbase Global Inc.

COIN

shed 2.51% to $48.88, while MicroStrategy Inc.

MSTR

rose 0.91% to $310.27. Riot Platforms Inc.

RIOT

shares rose 0.38% to $10.56, and shares of Marathon Digital Holdings Inc.

MARA

climbed 0.44% to $8.82.

Overstock.com Inc.

OSTK

sank 0.76% to $19.46, while Block Inc.

SQ

fell 1.39% to $59.39 and Tesla Inc.

TSLA

increased 1.70% to $164.59.

PayPal Holdings Inc.

PYPL

fell 1.64% to $73.88, and Ebang International Holdings Inc.

EBON

shares dropped 1.75% to $6.18. NVIDIA Corp.

NVDA

fell 1.16% to $285.75, and Advanced Micro Devices Inc.

AMD

inched down 0.11% to $89.60.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF

BLOK

inched down 0.76% to $19.02. The Bitwise Crypto Industry Innovators ETF

BITQ

,
which is focused on pure-play crypto companies, dropped 1.80% to $6.01. Grayscale Bitcoin Trust

GBTC

,
which tracks the Bitcoin market price, increased 1.08% to $15.41.


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.



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