Polkadot leads way as largest cryptocurrencies fall

All of the largest cryptocurrencies were down during morning trading on Friday, with Polkadot
DOTUSD,
-0.93%
seeing the biggest move, shedding 3.08% to $19.82.

Uniswap
UNIUSD,
-1.41%
dropped 2.54% to $10.03, and Cardano
ADAUSD,
-1.53%
declined 2.52% to $1.06.

Ripple
XRPUSD,
-1.82%
fell 2.52% to 76 cents on Friday, while Litecoin
LTCUSD,
-0.47%
dropped 2.08% to $111.60 and Bitcoin Cash
BCHUSD,
-0.05%
dropped 2.17% to $328.67.

Bitcoin
BTCUSD,
-0.01%
and Dogecoin
DOGEUSD,
+1.98%
fell 1.50% to $42,918.06 and 0.56% to 14 cents

Ethereum
ETHUSD,
+1.13%
posted the smallest drop with a 0.40% decline to $3,225.43.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-2.22%
dropped 3.42% to $160.51, while MicroStrategy Inc.
MSTR,
+0.07%
shed 2.00% to $454.32. Riot Blockchain Inc.
RIOT,
-2.07%
shares dropped 3.62% to $16.79, and shares of Marathon Digital Holdings Inc.
MARA,
-2.99%
declined 3.66% to $22.90.

Overstock.com Inc.
OSTK,
+0.29%
dropped 2.89% to $39.63, while Block Inc.
SQ,
-0.87%
fell 2.29% to $123.04 and Tesla Inc.
TSLA,
-2.26%
shed 2.39% to $1,031.97.

PayPal Holdings Inc.
PYPL,
-1.17%
declined 2.30% to $110.44, and Ebang International Holdings Inc. Cl A
EBON,
-5.51%
shares shed 5.93% to $1.11. NVIDIA Corp.
NVDA,
-3.69%
declined 3.89% to $232.67, and Advanced Micro Devices Inc.
AMD,
-2.23%
dropped 2.30% to $100.90.

In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
+0.07%,
which is focused on pure-play crypto companies, fell 1.50% to $15.41. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-0.47%
dropped 1.58% to $31.14. Grayscale Bitcoin Trust
GBTC,
+0.89%,
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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