All of the largest cryptocurrencies were down during morning trading on Friday, with Polkadot
DOTUSD,
seeing the biggest move, shedding 3.08% to $19.82.
Uniswap
UNIUSD,
dropped 2.54% to $10.03, and Cardano
ADAUSD,
declined 2.52% to $1.06.
Ripple
XRPUSD,
fell 2.52% to 76 cents on Friday, while Litecoin
LTCUSD,
dropped 2.08% to $111.60 and Bitcoin Cash
BCHUSD,
dropped 2.17% to $328.67.
Bitcoin
BTCUSD,
and Dogecoin
DOGEUSD,
fell 1.50% to $42,918.06 and 0.56% to 14 cents
Ethereum
ETHUSD,
posted the smallest drop with a 0.40% decline to $3,225.43.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
dropped 3.42% to $160.51, while MicroStrategy Inc.
MSTR,
shed 2.00% to $454.32. Riot Blockchain Inc.
RIOT,
shares dropped 3.62% to $16.79, and shares of Marathon Digital Holdings Inc.
MARA,
declined 3.66% to $22.90.
Overstock.com Inc.
OSTK,
dropped 2.89% to $39.63, while Block Inc.
SQ,
fell 2.29% to $123.04 and Tesla Inc.
TSLA,
shed 2.39% to $1,031.97.
PayPal Holdings Inc.
PYPL,
declined 2.30% to $110.44, and Ebang International Holdings Inc. Cl A
EBON,
shares shed 5.93% to $1.11. NVIDIA Corp.
NVDA,
declined 3.89% to $232.67, and Advanced Micro Devices Inc.
AMD,
dropped 2.30% to $100.90.
In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, fell 1.50% to $15.41. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
dropped 1.58% to $31.14. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, declined 2.07% to $29.75.
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.
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