Dogecoin leads gains, bitcoin and ether dip as stock trading resumes on Wall Street

Markets•November 25, 2022, 8:36AM EST
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Dogecoin leads gains, bitcoin and ether dip as stock trading resumes on Wall Street

Quick Take

  • Bitcoin was down 0.2% over the past day at $16,492, ether fell 0.3% to $1,192. 
  • Dogecoin and Ripple’s XRP both tacked on gains, up 7.8% and 7.4% respectively. 
  • Equities are open for a half-day on Wall Street today following a break for Thanksgiving. 
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Altcoins and memecoins led gains, while major cryptocurrencies dipped slightly.

Bitcoin fell 0.2% from yesterday, trading at $16,492 at 8:00 a.m. Eastern, according to CoinGecko. Ether was changing hands for $1,192, dipping 0.3%.

BTCUSD chart by TradingView

Several altcoins were trading higher today, with DOGE and XRP tacking on gains of 7.8% and 7.4%, respectively. Elsewhere, SHIB added 2%, and SOL was up 0.6%. 

DOGEUSD chart by TradingView

Grayscale's GBTC product continues to lift off its lows from earlier in the week. GBTC is currently trading at a discount to NAV of -39%. The firm's flagship product was trading at -45% on Monday. 

Expand Chart

Grayscale's ether product, ETHE, is currently trading at a discount of -40%. 

Half-day on Wall Street

Markets are open on Wall Street today, with trading wrapping up at 1 p.m. Eastern. 

Block was trading up marginally in pre-market trading. Shares in Jack Dorsey's firm were trading at $64.19, up 0.4%.

Silvergate shares rose over 2%, trading around $29 at 8:00 a.m. Eastern.

MicroStrategy and Coinbase were muted in pre-market trading.