Most large cryptocurrencies decline as Cardano tumbles

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Most large cryptocurrencies were down during morning trading on Friday, with Cardano
ADAUSD,
+1.79%
seeing the biggest change, tumbling 1.72% to 49 cents.

Seven additional currencies posted reductions Friday. Polkadot
DOTUSD,
+0.52%
fell 1.48% to $6.85, and Solana
SOLUSD,
-0.83%
fell 1.38% to $92.69.

Ripple
XRPUSD,
-0.10%
dropped 1.38% to 54 cents, while Uniswap
UNIUSD,
+4.52%
dropped 1.09% to $6.28. Bitcoin
BTCUSD,
+0.17%
inched down 0.35% to $40,929.20.

Polygon
MATICUSD,
+2.38%
and Dogecoin
DOGEUSD,
+0.39%
rounded out the decreases for Friday, dropping 0.31% to 78 cents and 0.14% to 8 cents, respectively.

On the other hand, Ethereum
ETHUSD,
-0.29%
posted the only increase among the largest cryptos, rising 0.76% to $2,472.53.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+0.33%
slid 0.36% to $123.90, while MicroStrategy Inc.
MSTR,
-1.15%
fell 1.79% to $477.88. Riot Platforms Inc.
RIOT,
-0.39%
shares declined 2.32% to $10.09, and shares of Marathon Digital Holdings Inc.
MARA,
+0.37%
fell 2.64% to $15.65.

Block Inc.
SQ,
+2.14%
climbed 0.14% to $64.56 and Tesla Inc.
TSLA,
+0.15%
rose 0.01% to $211.91.

PayPal Holdings Inc.
PYPL,
+6.01%
rose 1.92% to $63.28, and Ebang International Holdings Inc.
EBON,
+0.22%
shares rose 0.74% to $9.19. NVIDIA Corp.
NVDA,
+4.17%
rose 1.08% to $577.26, and Advanced Micro Devices Inc.
AMD,
+7.11%
climbed 0.96% to $164.23.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+1.06%
inched down 0.51% to $26.19. The Bitwise Crypto Industry Innovators ETF
BITQ,
+0.24%,
which is focused on pure-play crypto companies, shed 1.89% to $8.31.


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.

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