Large cryptocurrencies fall as Polygon declines

All large cryptocurrencies were down during morning trading on Friday, with Polygon
MATICUSD,
-0.26%
seeing the biggest change, declining 1.74% to 54 cents.

Uniswap
UNIUSD,
-1.48%
declined 1.71% to $4.38, and Polkadot
DOTUSD,
+0.55%
slipped 0.77% to $4.24.

Solana
SOLUSD,
-0.41%
sank 0.77% to $19.59 on Friday, while Ethereum
ETHUSD,
-0.24%
sank 0.49% to $1,630.76 and Cardano
ADAUSD,
+0.28%
inched down 0.59% to 25 cents.

Bitcoin
BTCUSD,
-0.15%
and Dogecoin
DOGEUSD,
-0.06
fell 0.42% to $25,890.70 and 0.28% to 6 cents

Ripple
XRPUSD,
-0.34%
rounded out the decreases with a 0.26% decline to 50 cents.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+0.37%
dropped 1.14% to $80.86, while MicroStrategy Inc.
MSTR,
+0.91%
shed 1.63% to $347.31. Riot Platforms Inc.
RIOT,
-3.78%
shares declined 3.82% to $10.95, and shares of Marathon Digital Holdings Inc.
MARA,
-11.73%
shed 9.26% to $11.22.

Overstock.com Inc.
OSTK,
+1.55%
inched down 0.16% to $20.56, while Block Inc.
SQ,
-5.28%
fell 4.43% to $53.56 and Tesla Inc.
TSLA,
-1.19%
climbed 1.09% to $254.22.

PayPal Holdings Inc.
PYPL,
-1.09%
fell 1.80% to $60.54, and Ebang International Holdings Inc.
EBON,
+4.96%
shares rose 1.42% to $7.15. NVIDIA Corp.
NVDA,
-1.45%
sank 0.00% to $462.41, and Advanced Micro Devices Inc.
AMD,
-0.47%
climbed 2.32% to $109.06.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-1.07%
fell 1.30% to $21.18. The Bitwise Crypto Industry Innovators ETF
BITQ,
-1.49%,
which is focused on pure-play crypto companies, dropped 1.49% to $7.26. Grayscale Bitcoin Trust
GBTC,
,
which tracks the Bitcoin market price, rose 0.16% to $19.33.


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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