Most large cryptocurrencies decrease on Dogecoin, Polkadot drops

Most of the largest cryptocurrencies were down during morning trading on Friday, with Dogecoin
DOGEUSD,
-7.17%
seeing the biggest move, shedding 6.61% to 8 cents.

Seven additional currencies posted decreases Friday. Polkadot
DOTUSD,
-5.43%
shed 5.44% to $5.67, and Cardano
ADAUSD,
-5.34%
shed 5.11% to 35 cents.

Bitcoin
BTCUSD,
-4.98%
shed 5.11% to $16,915.87, while Ripple
XRPUSD,
-6.05%
declined 4.85% to 38 cents. Ethereum
ETHUSD,
-4.90%
shed 4.05% to $1,267.16.

Bitcoin Cash
BCHUSD,
-1.11%
and Uniswap
UNIUSD,
+0.02%
rounded out the decreases for Friday, dropping 1.17% to $102.42 and 0.41% to $5.76, respectively.

On the other hand, Litecoin
LTCUSD,
+1.78%
posted the only increase among the largest cryptos, rising 2.03% to $60.74.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+1.92%
climbed 0.10% to $50.97, while MicroStrategy Inc.
MSTR,
-2.32%
shed 2.42% to $170.76. Riot Blockchain Inc.
RIOT,
-5.29%
shares dropped 4.99% to $5.15, and shares of Marathon Digital Holdings Inc.
MARA,
-5.58%
dropped 6.29% to $9.35.

Overstock.com Inc.
OSTK,
+0.12%
rose 0.68% to $25.34, while Block Inc.
SQ,
+0.56%
climbed 0.27% to $67.58 and Tesla Inc.
TSLA,
-2.42%
shed 3.13% to $184.75.

PayPal Holdings Inc.
PYPL,
+2.85%
rallied 2.52% to $88.99, and Ebang International Holdings Inc. Cl A
EBON,
-4.38%
shares declined 5.00% to 29 cents. NVIDIA Corp.
NVDA,
+0.64%
rose 0.71% to $158.63, and Advanced Micro Devices Inc.
AMD,
+2.23%
climbed 2.52% to $69.90.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-0.12%
sank 0.40% to $17.08. The Bitwise Crypto Industry Innovators ETF
BITQ,
-1.41%,
which is focused on pure-play crypto companies, shed 1.41% to $4.88. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, tumbled 10.80% to $8.61.


Editor’s Note: This story, which tracks nine of the top cryptocurrencies and excludes stable coins, was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones, FactSet and Kraken. See our market data terms of use.


Be the first to comment

Leave a Reply

Your email address will not be published.


*