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Most large cryptocurrencies decline as Cardano tumbles

Most large cryptocurrencies were down during morning trading on Friday, with Cardano
ADAUSD,
-0.95%
seeing the biggest change, tumbling 1.72% to 49 cents.

Seven additional currencies posted reductions Friday. Polkadot
DOTUSD,
-3.04%
fell 1.48% to $6.85, and Solana
SOLUSD,
+4.28%
fell 1.38% to $92.69.

Ripple
XRPUSD,
-4.35%
dropped 1.38% to 54 cents, while Uniswap
UNIUSD,
+3.58%
dropped 1.09% to $6.28. Bitcoin
BTCUSD,
+0.76%
inched down 0.35% to $40,929.20.

Polygon
MATICUSD,
+0.33%
and Dogecoin
DOGEUSD,
-0.61%
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,
+3.09%
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,
-1.43%
slid 0.36% to $123.90, while MicroStrategy Inc.
MSTR,
+1.08%
fell 1.79% to $477.88. Riot Platforms Inc.
RIOT,
-1.86%
shares declined 2.32% to $10.09, and shares of Marathon Digital Holdings Inc.
MARA,
-1.81%
fell 2.64% to $15.65.

Block Inc.
SQ,
-0.89%
climbed 0.14% to $64.56 and Tesla Inc.
TSLA,
+0.58%
rose 0.01% to $211.91.

PayPal Holdings Inc.
PYPL,
-0.05%
rose 1.92% to $63.28, and Ebang International Holdings Inc.
EBON,
-5.30%
shares rose 0.74% to $9.19. NVIDIA Corp.
NVDA,
+0.69%
rose 1.08% to $577.26, and Advanced Micro Devices Inc.
AMD,
-2.86%
climbed 0.96% to $164.23.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-1.56%
inched down 0.51% to $26.19. The Bitwise Crypto Industry Innovators ETF
BITQ,
-2.02%,
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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