Ethereum leads way as largest cryptocurrencies drop

All of the largest cryptocurrencies were down during morning trading on Friday, with Ethereum
ETHUSD,
-5.93%
seeing the biggest move, shedding 7.66% to $3,721.96.

Polkadot
DOTUSD,
-6.01%
fell 7.52% to $24.46, and Dogecoin
DOGEUSD,
-4.93%
fell 7.00% to 16 cents.

Uniswap
UNIUSD,
-3.98%
shed 7.00% to $13.86 on Friday, while Bitcoin Cash
BCHUSD,
-4.44%
shed 5.34% to $421.16 and Litecoin
LTCUSD,
-3.97%
fell 5.38% to $143.24.

Cardano
ADAUSD,
-3.76%
and Bitcoin
BTCUSD,
-3.71%
fell 5.29% to $1.20 and 4.51% to $45,967.07

Ripple
XRPUSD,
-2.73%
rounded out the decreases with a 3.87% decline to 78 cents.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-1.48%
dropped 2.15% to $241.85, while MicroStrategy Inc.
MSTR,
-2.68%
shed 3.94% to $544.58. Riot Blockchain Inc.
RIOT,
-3.77%
shares fell 5.40% to $22.59, and shares of Marathon Digital Holdings Inc.
MARA,
-3.32%
fell 4.82% to $33.80.

Overstock.com Inc.
OSTK,
-1.44%
slipped 0.67% to $63.97, while Block Inc.
SQ,
-0.25%
shed 2.46% to $161.80 and Tesla Inc.
TSLA,
+1.50%
rose 0.82% to $934.53.

PayPal Holdings Inc.
PYPL,
-1.28%
fell 2.54% to $183.96, and Ebang International Holdings Inc. Cl A
EBON,
+0.40%
shares dropped 3.57% to $1.22. NVIDIA Corp.
NVDA,
+0.50%
climbed 0.33% to $284.82, and Advanced Micro Devices Inc.
AMD,
+1.26%
climbed 2.54% to $140.06.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-1.43%
shed 2.62% to $44.89. The Bitwise Crypto Industry Innovators ETF
BITQ,
-1.59%,
which is focused on pure-play crypto companies, dropped 3.22% to $21.37. Grayscale Bitcoin Trust
GBTC,
-6.24%,
which tracks the Bitcoin market price, fell 6.28% to $34.03.


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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