- Uniswap (UNIUSD) outperforms by soaring 2.24% to reach $6.29.
- Ripple (XRPUSD) faces the steepest drop, descending by 3.58% to settle at 64 cents.
Cryptocurrency Market Sees Broad Gains
In a volatile ecosystem like the cryptocurrency market, Thursday morning brought positive sentiments for most heavyweight tokens. Spearheading the rally was Uniswap, marked by its impressive ascent of 2.24% to a commendable $6.29. This bullish trajectory was not singular. Following suit, Dogecoin edged upwards by 1.87%, securing its position at 8 cents, while Polygon enjoyed a 1.78% increase to sit comfortably at 70 cents.
Other noteworthy performers included Solana, appreciating by 1.73% to land at $24.75, Bitcoin, which saw a modest bump of 0.63%, making its way to $29,667.60, and Ethereum which edged up 0.38% to reach the $1,863.00 mark. Polkadot, despite its minimal ascent of 0.38%, still witnessed a positive momentum, clocking in at $5.04.
However, it wasn’t all green for the entire crypto landscape. Ripple faced a headwind, retracting by a significant 3.58% and settling at 64 cents. Similarly, Cardano witnessed a minor setback, slipping by 0.11% to close at 30 cents.
Crypto-Linked Stocks Echo Bullish Sentiments
Venturing beyond the direct crypto sphere, companies associated with cryptocurrencies also captured investor attention. Shares of Coinbase Global Inc. experienced a robust surge of 4.69%, standing at $88.30, while MicroStrategy Inc. shares rose 3.14% to a promising $389.69. Furthermore, Riot Platforms Inc.’s shares demonstrated a 0.67% upward tilt, reaching $16.45, accompanied by Marathon Digital Holdings Inc. which saw a 2.68% hike, leveling at $15.93.
>> Buy Uniswap quickly and securely with PayPal, credit card or bank transfer at eToro with low fees and deposit protection. Get started with UNI now. Visit Website <<
Notably, Overstock.com Inc. rallied by 1.81% to hit $31.48, Block Inc. ascended by 2.22% to achieve $64.11, and Tesla Inc. registered a significant growth of 3.47%, pricing at $250.59. In parallel, PayPal Holdings Inc. and NVIDIA Corp. too showcased favorable gains.
On the fund frontier, the Bitwise Crypto Industry Innovators ETF, dedicated to crypto-centric entities, recorded a 3.55% surge, while the Blockchain-focused Amplify Transformational Data Sharing ETF marked a rise of 2.88%. Grayscale Bitcoin Trust, mirroring the Bitcoin market price, progressed by 1.45%.
Best Crypto Exchange for Everyone:
- Invest in Uniswap and 70+ cryptocurrencies and 3,000 other assets.
- 0% commission on stocks – buy in bulk or just a fraction from as little as $10.
- Copy top-performing traders in real time, automatically.
- Regulated by financial authorities including FAC and FINRA.
2.8 Million Users
