All large cryptocurrencies were down during morning trading on Friday, with Solana
SOLUSD,
seeing the biggest change, declining 7.62% to $97.59.
Polkadot
DOTUSD,
fell 7.55% to $7.30, and Cardano
ADAUSD,
shed 7.51% to 53 cents.
Polygon
MATICUSD,
dropped 7.51% to 83 cents on Friday, while Uniswap
UNIUSD,
fell 3.53% to $6.31 and Ripple
XRPUSD,
declined 4.96% to 56 cents.
Dogecoin
DOGEUSD,
and Bitcoin
BTCUSD,
fell 3.46% to 8 cents and 2.02% to $43,567.20
Ethereum
ETHUSD,
posted the smallest drop with a 1.93% decline to $2,230.74.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
shed 1.94% to $152.58, while MicroStrategy Inc.
MSTR,
fell 2.72% to $637.97. Riot Platforms Inc.
RIOT,
shares dropped 5.80% to $14.94, and shares of Marathon Digital Holdings Inc.
MARA,
shed 8.20% to $24.12.
Block Inc.
SQ,
slid 0.65% to $67.71 and Tesla Inc.
TSLA,
rose 0.37% to $238.82.
PayPal Holdings Inc.
PYPL,
increased 1.04% to $59.06, and Ebang International Holdings Inc.
EBON,
shares increased 7.14% to $14.18. NVIDIA Corp.
NVDA,
climbed 1.25% to $485.98, and Advanced Micro Devices Inc.
AMD,
increased 1.99% to $138.72.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
declined 1.37% to $28.73. The Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, dropped 4.77% to $10.79. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, sank 0.91% to $36.91.
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.
Read the full article here