Largest cryptocurrencies drop on Uniswap, Cardano decreases
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All of the largest cryptocurrencies were down during morning trading on Friday, with Uniswap
UNIUSD,
seeing the biggest move, declining 5.71% to $21.43.
Cardano
ADAUSD,
shed 4.75% to $1.63, and Dogecoin
DOGEUSD,
fell 2.02% to 21 cents.
Litecoin
LTCUSD,
declined 2.02% to $202.24 on Friday, while Bitcoin Cash
BCHUSD,
declined 1.08% to $561.37 and Ripple
XRPUSD,
declined 1.37% to 97 cents.
Bitcoin
BTCUSD,
and Polkadot
DOTUSD,
fell 1.03% to $56,317.71 and 0.90% to $35.90
Ethereum
ETHUSD,
rounded out the decreases with a 0.41% decline to $4,526.76.
In crypto-related company news, shares of Coinbase Global Inc.
COIN,
dropped 5.13% to $270.10, while MicroStrategy Inc.
MSTR,
dropped 4.10% to $655.31. Riot Blockchain Inc.
RIOT,
shares dropped 4.76% to $31.40, and shares of Marathon Digital Holdings Inc.
MARA,
declined 6.01% to $46.12.
Overstock.com Inc.
OSTK,
dropped 2.41% to $82.58, while Square Inc. Cl A
SQ,
fell 4.39% to $183.72 and Tesla Inc.
TSLA,
shed 2.47% to $1,057.85.
PayPal Holdings Inc.
PYPL,
declined 2.62% to $182.25, and Ebang International Holdings Inc. Cl A
EBON,
shares declined 5.56% to $1.36. NVIDIA Corp.
NVDA,
shed 2.80% to $312.27, and Advanced Micro Devices Inc.
AMD,
dropped 2.62% to $146.84.
In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
declined 2.83% to $51.58. The Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, declined 4.64% to $26.20. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, declined 1.85% to $44.55.
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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