Largest cryptocurrencies drop on Litecoin, Bitcoin Cash declines

All of the largest cryptocurrencies were down during morning trading on Friday, with Litecoin
LTCUSD,
+0.08%
seeing the biggest move, plunging 10.85% to $197.83.

Bitcoin Cash
BCHUSD,
+1.94%
shed 9.04% to $564.56, and Ripple
XRPUSD,
+1.31%
dropped 8.88% to 95 cents.

Ethereum
ETHUSD,
+2.62%
dropped 8.88% to $4,105.00 on Friday, while Uniswap
UNIUSD,
+3.42%
declined 8.51% to $19.54 and Polkadot
DOTUSD,
+2.65%
fell 8.69% to $35.95.

Dogecoin
DOGEUSD,
+1.95%
and Bitcoin
BTCUSD,
+2.32%
fell 7.84% to 20 cents and 7.07% to $54,675.13

Cardano
ADAUSD,
+1.36%
posted the smallest drop with a 6.79% decline to $1.57.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-2.94%
declined 2.05% to $305.97, while MicroStrategy Inc.
MSTR,
-5.41%
declined 3.77% to $674.47. Riot Blockchain Inc.
RIOT,
-5.62%
shares fell 4.43% to $35.36, and shares of Marathon Digital Holdings Inc.
MARA,
-6.09%
dropped 6.68% to $48.89.

Overstock.com Inc.
OSTK,
-0.67%
increased 1.45% to $94.15, while Square Inc. Cl A
SQ,
-1.66%
slid 0.87% to $213.78 and Tesla Inc.
TSLA,
-3.05%
declined 2.02% to $1,093.51.

PayPal Holdings Inc.
PYPL,
-0.49%
climbed 1.18% to $190.93, and Ebang International Holdings Inc. Cl A
EBON,
-9.52%
shares shed 8.93% to $1.53. NVIDIA Corp.
NVDA,
-3.58%
declined 1.21% to $322.78, and Advanced Micro Devices Inc.
AMD,
-1.89%
slipped 1.18% to $157.35.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-4.14%
shed 3.35% to $55.04. The Bitwise Crypto Industry Innovators ETF
BITQ,
-4.76%,
which is focused on pure-play crypto companies, fell 4.03% to $28.81. Grayscale Bitcoin Trust
GBTC,
-4.50%,
which tracks the Bitcoin market price, shed 4.46% to $44.35.


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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