Solana leads way as most big cryptocurrencies post decreases

News Room

Most large cryptocurrencies were down during morning trading on Friday, with Solana
SOLUSD,
+2.96%
seeing the biggest change, shedding 3.73% to $16.27.

Seven additional currencies posted reductions Friday. Ripple
XRPUSD,
+0.37%
fell 2.30% to 49 cents, and Cardano
ADAUSD,
+1.14%
fell 2.04% to 29 cents.

Dogecoin
DOGEUSD,
+0.42%
inched down 2.04% to 7 cents, while Uniswap
UNIUSD,
+11.58%
sank 0.80% to $4.72. Ethereum
ETHUSD,
+0.49%
slid 0.79% to $1,873.10.

Polygon
MATICUSD,
+0.99%
and Bitcoin
BTCUSD,
-0.23%
rounded out the decreases for Friday, dropping 0.66% to 66 cents and 0.21% to $30,093.50, respectively.

On the other hand, Polkadot
DOTUSD,
+2.74%
posted the only increase among the largest cryptos, rising 0.60% to $4.89.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+6.92%
declined 1.65% to $56.54, while MicroStrategy Inc.
MSTR,
+0.57%
shed 2.05% to $320.54. Riot Platforms Inc.
RIOT,
+3.20%
shares sank 0.71% to $11.16, and shares of Marathon Digital Holdings Inc.
MARA,
+7.44%
shed 1.23% to $11.69.

Overstock.com Inc.
OSTK,
-3.74%
fell 2.17% to $24.30, while Block Inc.
SQ,
-1.95%
fell 2.37% to $62.59 and Tesla Inc.
TSLA,
-3.03%
fell 3.57% to $255.17.

PayPal Holdings Inc.
PYPL,
-2.38%
declined 3.15% to $66.41, and Ebang International Holdings Inc.
EBON,
+7.14%
shares rose 0.07% to $6.87. NVIDIA Corp.
NVDA,
-1.90%
fell 2.06% to $421.41, and Advanced Micro Devices Inc.
AMD,
-0.62%
shed 1.16% to $109.42.

In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
+2.13%,
which is focused on pure-play crypto companies, shed 1.07% to $7.42. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+0.56%
dropped 1.56% to $21.14. Grayscale Bitcoin Trust
GBTC,
+6.61%,
which tracks the Bitcoin market price, sank 0.28% to $17.95.


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.

Read the full article here

Share this Article
Leave a comment