Investment

Large cryptocurrencies mixed as Polkadot declines

1 Mins read

Large cryptocurrencies were mixed during morning trading on Friday, with Polkadot
DOTUSD,
-3.77%
seeing the biggest move, shedding 1.57% to $4.17.

Cardano
ADAUSD,
-0.32%
lead the increases with a 1.34% climb to 29 cents.

Four other currencies posted drops Friday. Dogecoin
DOGEUSD,
-5.33%
shed 1.08% to 7 cents, and Polygon
MATICUSD,
-4.18%
slid 0.89% to 63 cents.

Ethereum
ETHUSD,
-2.16%
and Bitcoin
BTCUSD,
-1.79%
also recorded declines, falling 0.41% to $1,791.43 and 0.12% to $34,152.90, respectively.

In addition to Cardano, three other cryptocurrencies saw increases. Uniswap
UNIUSD,
-2.32%
rose 0.61% to $4.12, and Solana
SOLUSD,
-2.37%
climbed 0.28% to $32.57.

Ripple
XRPUSD,
-1.92%,
which saw the smallest increase, climbed 0.17% to 55 cents.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-4.72%
slipped 0.24% to $74.43, while MicroStrategy Inc.
MSTR,
-2.80%
inched down 0.58% to $411.05. Riot Platforms Inc.
RIOT,
-2.25%
shares increased 1.22% to $9.91, and shares of Marathon Digital Holdings Inc.
MARA,
-1.00%
rose 1.95% to $9.17.

Overstock.com Inc.
OSTK,
-8.70%
rose 0.13% to $15.42, while Block Inc.
SQ,
-3.90%
fell 4.61% to $39.76 and Tesla Inc.
TSLA,
+0.74%
increased 1.55% to $208.95.

PayPal Holdings Inc.
PYPL,
-2.33%
declined 1.66% to $50.89, and Ebang International Holdings Inc.
EBON,
+2.69%
shares rose 0.75% to $6.75. NVIDIA Corp.
NVDA,
-0.43%
rose 0.80% to $406.49, and Advanced Micro Devices Inc.
AMD,
+2.88%
increased 1.70% to $95.26.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-0.77%
climbed 0.84% to $20.53. The Bitwise Crypto Industry Innovators ETF
BITQ,
-0.72%,
which is focused on pure-play crypto companies, rose 0.73% to $6.88. Grayscale Bitcoin Trust
GBTC,
-2.33%,
which tracks the Bitcoin market price, climbed 2.21% to $26.34.


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

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