Polygon leads way as most big cryptocurrencies post declines

Most large cryptocurrencies were down during morning trading on Friday, with Polygon
MATICUSD,
+0.75%
seeing the biggest change, declining 1.33% to 52 cents.

Six additional currencies posted decreases Friday. Bitcoin
BTCUSD,
+0.42%
inched down 0.72% to $26,391.10, and Cardano
ADAUSD,
+0.69%
sank 0.66% to 25 cents.

Uniswap
UNIUSD,
+0.51%
slipped 0.66% to $4.30, while Dogecoin
DOGEUSD,
+0.17%
slid 0.48% to 6 cents. Ethereum
ETHUSD,
+0.84%
sank 0.48% to $1,621.13.

Solana
SOLUSD,
+1.18%,
which posted the smallest decrease, slipped 0.16% to $18.91

On the other hand, two cryptos posted increases, with Polkadot
DOTUSD,
+0.41%
seeing the largest rise at 0.89% to $4.10. Ripple
XRPUSD,
-0.29%
climbed 0.46% to 49 cents.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-1.56%
declined 2.82% to $81.10, while MicroStrategy Inc.
MSTR,
-1.62%
fell 1.95% to $339.65. Riot Platforms Inc.
RIOT,
-1.82%
shares shed 2.23% to $10.73, and shares of Marathon Digital Holdings Inc.
MARA,
-2.00%
fell 3.20% to $9.68.

Overstock.com Inc.
OSTK,
-5.25%
declined 1.62% to $20.63, while Block Inc.
SQ,
-1.89%
inched down 0.69% to $53.48 and Tesla Inc.
TSLA,
-0.60%
dropped 1.25% to $272.59.

PayPal Holdings Inc.
PYPL,
-0.36%
rose 0.71% to $64.90, and Ebang International Holdings Inc.
EBON,
+2.14%
shares declined 2.62% to $7.26. NVIDIA Corp.
NVDA,
-3.69%
declined 1.42% to $449.34, and Advanced Micro Devices Inc.
AMD,
-4.82%
declined 2.41% to $104.06.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-0.98%
slipped 0.85% to $21.14. The Bitwise Crypto Industry Innovators ETF
BITQ,
-0.69%,
which is focused on pure-play crypto companies, slid 0.96% to $7.20. Grayscale Bitcoin Trust
GBTC,
-1.03%,
which tracks the Bitcoin market price, declined 1.08% to $19.25.


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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