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Polygon leads rises as large cryptocurrencies start mixed

Large cryptocurrencies were mixed during morning trading on Friday, with Polygon
MATICUSD,
-0.86%
seeing the biggest move, rising 0.51% to 69 cents.

Uniswap
UNIUSD,
-1.10%
led the decreases with a 0.39% drop to $6.15.

Four other cryptocurrencies saw increases Friday. Polkadot
DOTUSD,
-0.06%
climbed 0.21% to $4.99, and Ethereum
ETHUSD,
-0.31%
rose 0.20% to $1,851.87.

Bitcoin
BTCUSD,
-0.28%
and Ripple
XRPUSD,
-0.63%
rounded out the increases, inching up 0.05% to $29,434.80 and 0.04% to 1 cents.

In addition to Uniswap, two other currencies posted drops. Cardano
ADAUSD,
-1.19%
sank 0.31% to 30 cents, and Dogecoin
DOGEUSD,
-0.66%
slipped 0.04% to 8 cents.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-2.39%
dropped 2.05% to $81.68, while MicroStrategy Inc.
MSTR,
+1.29%
inched down 0.53% to $376.00. Riot Platforms Inc.
RIOT,
+2.03%
shares sank 0.20% to $14.97, and shares of Marathon Digital Holdings Inc.
MARA,
+2.89%
inched down 0.34% to $14.50.

Overstock.com Inc.
OSTK,
+1.34%
dropped 1.70% to $30.60, while Block Inc.
SQ,
-2.56%
shed 1.09% to $61.56 and Tesla Inc.
TSLA,
-0.97%
declined 2.01% to $240.40.

PayPal Holdings Inc.
PYPL,
-1.58%
fell 1.08% to $62.11, and Ebang International Holdings Inc.
EBON,
+1.44%
shares inched down 0.66% to $7.57. NVIDIA Corp.
NVDA,
-3.32%
shed 1.86% to $415.98, and Advanced Micro Devices Inc.
AMD,
-2.26%
declined 2.38% to $107.61.

In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
+0.46%,
which is focused on pure-play crypto companies, was flat at $8.68. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-0.06%
sank 0.83% to $23.38. Grayscale Bitcoin Trust
GBTC,
+0.56%,
which tracks the Bitcoin market price, climbed 0.05% to $19.81.


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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