Cardano leads way as largest cryptocurrencies decline

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All of the largest cryptocurrencies were down during morning trading on Friday, with Cardano
ADAUSD,
+2.07%

seeing the biggest change, shedding 8.05% to 58 cents.

Polkadot
DOTUSD,
+0.16%

shed 6.52% to $8.69, and Uniswap
UNIUSD,
+6.23%

declined 5.45% to $4.91.

Litecoin
LTCUSD,
+1.62%

declined 5.45% to $57.43 on Friday, while Ethereum
ETHUSD,
+3.36%

dropped 3.60% to $1,727.85 and Dogecoin
DOGEUSD,
+2.20%

dropped 3.62% to 8 cents.

Bitcoin Cash
BCHUSD,
+2.11%

and Ripple
XRPUSD,
+0.91%

fell 2.98% to $168.90 and 2.91% to 39 cents

Bitcoin
BTCUSD,
+2.66%

rounded out the decreases with a 2.48% decline to $29,391.19.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+4.30%

shed 7.14% to $59.21, while MicroStrategy Inc.
MSTR,
+1.50%

shed 4.17% to $208.67. Riot Blockchain Inc.
RIOT,
+1.19%

shares declined 3.11% to $5.30, and shares of Marathon Digital Holdings Inc.
MARA,
+3.75%

dropped 2.74% to $7.45.

Overstock.com Inc.
OSTK,
+4.64%

dropped 2.13% to $30.33, while Block Inc.
SQ,
+3.97%

fell 3.73% to $73.72 and Tesla Inc.
TSLA,
+1.24%

declined 2.30% to $702.56.

PayPal Holdings Inc.
PYPL,
+2.23%

shed 4.99% to $79.91, and Ebang International Holdings Inc. Cl A
EBON,
+5.94%

shares shed 3.87% to 77 cents. NVIDIA Corp.
NVDA,
-4.20%

fell 3.99% to $173.28, and Advanced Micro Devices Inc.
AMD,
-3.66%

dropped 4.99% to $96.98.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+1.38%

dropped 2.42% to $21.01. The Bitwise Crypto Industry Innovators ETF
BITQ,
+1.44%
,
which is focused on pure-play crypto companies, fell 2.88% to $7.43. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, dropped 1.42% to $19.14.


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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