Cardano leads drops as largest cryptocurrencies start mixed

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The largest cryptocurrencies were mixed during morning trading on Friday, with Polkadot
DOTUSD,
+6.55%

seeing the biggest move, rising 5.69% to $17.97.

Cardano
ADAUSD,
+7.22%

led the decreases with a 0.43% drop to 80 cents.

Four other cryptocurrencies saw increases Friday. Litecoin
LTCUSD,
+4.88%

rallied 1.97% to $104.58, and Uniswap
UNIUSD,
+5.92%

climbed 1.14% to $8.78.

Ethereum
ETHUSD,
+3.23%

and Bitcoin
BTCUSD,
+3.65%

rounded out the increases, ticking up 0.12% to $2,607.21 and 0.03% to $39,313.96.

In addition to Cardano, three other currencies posted reductions. Ripple
XRPUSD,
-0.51%

inched down 0.26% to 74 cents, and Bitcoin Cash
BCHUSD,
+12.66%

slid 0.14% to $289.69.

Dogecoin
DOGEUSD,
+3.15%
,
which rounded out the decreases, sank 0.03% to 12 cents.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+5.24%

fell 2.59% to $168.49, while MicroStrategy Inc.
MSTR,
+5.38%

inched down 0.70% to $418.20. Riot Blockchain Inc.
RIOT,
+5.76%

shares fell 4.00% to $15.85, and shares of Marathon Digital Holdings Inc.
MARA,
+6.55%

dropped 4.08% to $23.74.

Overstock.com Inc.
OSTK,
+3.73%

shed 6.40% to $46.60, while Block Inc.
SQ,
+5.17%

fell 2.42% to $106.24 and Tesla Inc.
TSLA,
+7.91%

dropped 2.04% to $821.21.

PayPal Holdings Inc.
PYPL,
+2.81%

fell 2.65% to $95.94, and Ebang International Holdings Inc. Cl A
EBON,
+0.77%

shares declined 4.02% to $1.08. NVIDIA Corp.
NVDA,
-0.79%

slid 0.04% to $226.49, and Advanced Micro Devices Inc.
AMD,
-0.98%

sank 2.65% to $105.82.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+3.43%

fell 1.30% to $31.05. The Bitwise Crypto Industry Innovators ETF
BITQ,
+7.57%
,
which is focused on pure-play crypto companies, dropped 2.26% to $15.32. Grayscale Bitcoin Trust
GBTC,
+3.83%
,
which tracks the Bitcoin market price, slipped 0.79% to $26.39.


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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