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Cryptocurrency Market Update

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During morning trading on Tuesday, most large cryptocurrencies experienced gains. The standout performer was Solana (SOLUSD), which climbed 9.89% to $57.36.

Other notable increases include:

  • Cardano (ADAUSD) rose 3.33% to 37 cents.
  • Polygon (MATICUSD) climbed 1.35% to 92 cents.
  • Polkadot (DOTUSD) increased by 1.23% to $5.45.
  • Ripple (XRPUSD) saw a rise of 0.82% to 66 cents.
  • Dogecoin (DOGEUSD) rose by 0.34% to 8 cents.

Uniswap (UNIUSD) and Bitcoin (BTCUSD) also saw slight gains, with increases of 0.34% to $5.25 and 0.21% to $36,600.00, respectively.

However, Ethereum (ETHUSD) was the only cryptocurrency that experienced a drop, falling 0.46% to $2,051.62.

In the world of crypto-related companies:

  • Shares of Coinbase Global Inc. (COIN) rose by 1.69% to $94.21.
  • MicroStrategy Inc. (MSTR) declined by 1.01% to $499.77.
  • Riot Platforms Inc. (RIOT) saw an increase of 2.35% to $10.02.
  • Marathon Digital Holdings Inc. (MARA) rose by 2.56% to $9.42.

Other notable companies also experienced gains:

  • Block Inc. (SQ) increased by 4.40% to $54.31.
  • Tesla Inc. (TSLA) saw a rise of 4.38% to $233.50.
  • PayPal Holdings Inc. (PYPL) climbed 3.54% to $56.32.
  • Ebang International Holdings Inc. (EBON) rose by 0.13% to $7.53.
  • NVIDIA Corp. (NVDA) increased by 1.74% to $494.66.
  • Advanced Micro Devices Inc. (AMD) saw a rise of 3.11% to $120.42.

In the fund space:

  • The blockchain-focused Amplify Transformational Data Sharing ETF (BLOK) rose by 1.79% to $22.16.
  • The Bitwise Crypto Industry Innovators ETF (BITQ), which focuses on pure-play crypto companies, saw a rise of 1.56% to $7.16.
  • Grayscale Bitcoin Trust (GBTC), which tracks the Bitcoin market price, climbed 1.96% to $29.63.

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