Largest cryptocurrencies fall as Polkadot declines

All of the largest cryptocurrencies were down during morning trading on Friday, with Polkadot
DOTUSD,
-3.47%
seeing the biggest move, dropping 3.56% to $6.97.

Bitcoin Cash
BCHUSD,
-1.48%
shed 3.25% to $107.13, and Ethereum
ETHUSD,
-4.77%
dropped 3.16% to $1,198.68.

Cardano
ADAUSD,
-2.40%
dropped 3.16% to 46 cents on Friday, while Uniswap
UNIUSD,
+0.35%
shed 2.17% to $5.55 and Dogecoin
DOGEUSD,
-1.86%
declined 2.74% to 7 cents.

Litecoin
LTCUSD,
-1.29%
and Bitcoin
BTCUSD,
-1.57%
fell 1.62% to $50.97 and 1.49% to $21,286.68

Ripple
XRPUSD,
+1.94%
rounded out the decreases with a 0.76% decline to 34 cents.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+0.69%
declined 4.61% to $54.81, while MicroStrategy Inc.
MSTR,
+4.59%
shed 2.47% to $214.10. Riot Blockchain Inc.
RIOT,
+4.70%
shares declined 4.74% to $5.03, and shares of Marathon Digital Holdings Inc.
MARA,
+0.50%
shed 3.36% to $6.77.

Overstock.com Inc.
OSTK,
+3.01%
declined 4.59% to $27.22, while Block Inc.
SQ,
+5.70%
declined 5.21% to $65.05 and Tesla Inc.
TSLA,
+0.74%
slipped 0.28% to $731.54.

PayPal Holdings Inc.
PYPL,
+6.27%
dropped 3.88% to $72.13, and Ebang International Holdings Inc. Cl A
EBON,
-1.51%
shares rose 1.77% to 57 cents. NVIDIA Corp.
NVDA,
+2.54%
fell 2.66% to $154.36, and Advanced Micro Devices Inc.
AMD,
+3.19%
shed 3.88% to $77.52.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+1.85%
shed 1.71% to $19.46. The Bitwise Crypto Industry Innovators ETF
BITQ,
+2.93%,
which is focused on pure-play crypto companies, dropped 2.76% to $6.32. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, fell 2.11% to $13.46.


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Your email address will not be published.


*