Most large cryptocurrencies were down during morning trading on Friday, with Solana
SOLUSD,
seeing the biggest change, shedding 3.73% to $16.27.
Seven additional currencies posted reductions Friday. Ripple
XRPUSD,
fell 2.30% to 49 cents, and Cardano
ADAUSD,
fell 2.04% to 29 cents.
Dogecoin
DOGEUSD,
inched down 2.04% to 7 cents, while Uniswap
UNIUSD,
sank 0.80% to $4.72. Ethereum
ETHUSD,
slid 0.79% to $1,873.10.
Polygon
MATICUSD,
and Bitcoin
BTCUSD,
rounded out the decreases for Friday, dropping 0.66% to 66 cents and 0.21% to $30,093.50, respectively.
On the other hand, Polkadot
DOTUSD,
posted the only increase among the largest cryptos, rising 0.60% to $4.89.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
declined 1.65% to $56.54, while MicroStrategy Inc.
MSTR,
shed 2.05% to $320.54. Riot Platforms Inc.
RIOT,
shares sank 0.71% to $11.16, and shares of Marathon Digital Holdings Inc.
MARA,
shed 1.23% to $11.69.
Overstock.com Inc.
OSTK,
fell 2.17% to $24.30, while Block Inc.
SQ,
fell 2.37% to $62.59 and Tesla Inc.
TSLA,
fell 3.57% to $255.17.
PayPal Holdings Inc.
PYPL,
declined 3.15% to $66.41, and Ebang International Holdings Inc.
EBON,
shares rose 0.07% to $6.87. NVIDIA Corp.
NVDA,
fell 2.06% to $421.41, and Advanced Micro Devices Inc.
AMD,
shed 1.16% to $109.42.
In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, shed 1.07% to $7.42. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
dropped 1.56% to $21.14. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, sank 0.28% to $17.95.
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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