Large cryptocurrencies mixed as Ethereum declines

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Large cryptocurrencies were mixed during morning trading on Friday, with Uniswap
UNIUSD,
-2.10%
seeing the biggest move, rallying 2.04% to $5.55.

Ethereum
ETHUSD,
-0.11%
led the decreases with a 0.50% drop to $1,873.79.

Five other cryptocurrencies saw increases Friday. Polkadot
DOTUSD,
+1.88%
climbed 1.54% to $5.17, and Solana
SOLUSD,
+4.61%
rose 0.68% to $20.88.

Cardano
ADAUSD,
+1.09%
rose 0.63% to 28 cents, and Bitcoin
BTCUSD,
-0.00%
climbed 0.24% to $30,381.70.

Polygon
MATICUSD,
+1.58%,
which saw the smallest increase, climbed 0.07% to 68 cents.

In addition to Ethereum, two other currencies posted decreases. Dogecoin
DOGEUSD,
+0.59%
slid 0.48% to 7 cents, and Ripple
XRPUSD,
+0.03%
slipped 0.01% to 47 cents.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+0.79%
increased 2.32% to $79.92, while MicroStrategy Inc.
MSTR,
+1.11%
climbed 2.88% to $387.40. Riot Platforms Inc.
RIOT,
+14.33%
shares rallied 8.83% to $14.74, and shares of Marathon Digital Holdings Inc.
MARA,
+2.28%
rose 5.61% to $16.18.

Overstock.com Inc.
OSTK,
+5.69%
rose 2.97% to $28.61, while Block Inc.
SQ,
+4.12%
rose 3.84% to $67.09 and Tesla Inc.
TSLA,
-0.76%
climbed 0.65% to $278.35.

PayPal Holdings Inc.
PYPL,
+0.98%
increased 1.91% to $67.41, and Ebang International Holdings Inc.
EBON,
+10.49%
shares rose 5.01% to $7.09. NVIDIA Corp.
NVDA,
+0.95%
increased 1.23% to $426.22, and Advanced Micro Devices Inc.
AMD,
-0.27%
increased 1.04% to $114.67.

In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
+5.13%,
which is focused on pure-play crypto companies, rose 3.42% to $9.08. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+2.94%
rallied 2.64% to $24.08. Grayscale Bitcoin Trust
GBTC,
-1.34%,
which tracks the Bitcoin market price, slid 0.12% to $20.06.


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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