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Ethereum leads gains as large cryptocurrencies start mixed

Large cryptocurrencies were mixed during morning trading on Friday, with Cardano
ADAUSD,
+0.82%
seeing the biggest move, sliding 0.74% to 24 cents.

Ethereum
ETHUSD,
+0.14%
lead the increases with a 0.48% climb to $1,595.85.

Four other currencies posted reductions Friday. Polygon
MATICUSD,
+0.60%
slipped 0.52% to 52 cents, and Solana
SOLUSD,
+0.67%
slipped 0.41% to $19.53.

Polkadot
DOTUSD,
+0.17%
and Bitcoin
BTCUSD,
+0.25%
also recorded declines, falling 0.22% to $4.01 and 0.00% to $26,600.00, respectively.

In addition to Ethereum, three other cryptocurrencies saw increases. Ripple
XRPUSD,
-0.10%
rose 0.43% to 51 cents, and Uniswap
UNIUSD,
+0.95%
rose 0.17% to $4.24.

Dogecoin
DOGEUSD,
+0.44%,
which saw the smallest increase, rose 0.14% to 6 cents.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-4.65%
slid 0.03% to $74.40, while MicroStrategy Inc.
MSTR,
-1.00%
slid 0.09% to $325.76. Riot Platforms Inc.
RIOT,
-3.55%
shares declined 1.41% to $9.45, and shares of Marathon Digital Holdings Inc.
MARA,
-5.35%
dropped 1.69% to $9.01.

Overstock.com Inc.
OSTK,
-2.20%
slid 0.11% to $17.69, while Block Inc.
SQ,
-1.99%
inched down 0.86% to $45.23 and Tesla Inc.
TSLA,
-4.23%
slid 0.75% to $253.77.

PayPal Holdings Inc.
PYPL,
-1.26%
slipped 0.02% to $58.61, and Ebang International Holdings Inc.
EBON,
+3.12%
shares increased 4.15% to $7.61. NVIDIA Corp.
NVDA,
+1.45%
increased 1.33% to $415.64, and Advanced Micro Devices Inc.
AMD,
+0.09%
rose 0.48% to $96.57.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-1.00%
climbed 0.32% to $20.08. The Bitwise Crypto Industry Innovators ETF
BITQ,
-3.37%,
which is focused on pure-play crypto companies, fell 1.01% to $6.75. Grayscale Bitcoin Trust
GBTC,
-0.53%,
which tracks the Bitcoin market price, climbed 0.26% to $19.05.


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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