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Cryptocurrency Market Update


All major cryptocurrencies experienced gains during morning trading on Friday. Solana (SOL) saw the biggest change, climbing 5.52% to reach $91.88.

Bitcoin (BTC) increased by 4.05% to $41,500.10, while Cardano (ADA) rose by 3.80% to 49 cents.

Other notable increases include Uniswap (UNI), which rose by 3.03% to $5.91, and Polkadot (DOT), which increased by 2.79% to $6.61.

Polygon (MATIC) saw a modest increase of 1.79% to 75 cents, along with Dogecoin (DOGE) rising by the same percentage to 8 cents.

Ethereum (ETH) and Ripple (XRP) rounded out the increases for Friday, climbing 1.74% to $2,256.29 and 1.24% to 52 cents, respectively.

In related company news, shares of Coinbase Global Inc. (COIN) climbed 3.26% to $124.95, while MicroStrategy Inc. (MSTR) rose by 4.89% to $480.15. Riot Platforms Inc. (RIOT) saw a gain of 5.17%, reaching $11.18, and shares of Marathon Digital Holdings Inc. (MARA) climbed 8.17% to $17.60.

Block Inc. (SQ), the payment processing company, saw a modest increase of 1.03% to $63.36, while Tesla Inc. (TSLA) increased by 1.38% to $185.15.

PayPal Holdings Inc. (PYPL) experienced a slight decline of 0.89%, reaching $60.17, while Ebang International Holdings Inc. (EBON) saw a significant rise of 9.34% to $9.95. Meanwhile, NVIDIA Corp. (NVDA) shed 1.15% to $609.09, and Advanced Micro Devices Inc. (AMD) declined by 2.56% to $175.72.

In the fund space, the Bitwise Crypto Industry Innovators ETF (BITQ), which focuses on pure-play crypto companies, increased by 5.02% to $8.79. The blockchain-focused Amplify Transformational Data Sharing ETF (BLOK) rose by 2.23% to $27.04.

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