Most big cryptocurrencies decline on Polkadot, Dogecoin drops

Most large cryptocurrencies were down during morning trading on Friday, with Polkadot
DOTUSD,
-5.03%
seeing the biggest move, declining 5.26% to $7.14.

Seven additional currencies posted reductions Friday. Dogecoin
DOGEUSD,
-3.09%
dropped 3.31% to 9 cents, and Ethereum
ETHUSD,
-2.33%
fell 2.34% to $2,244.29.

Uniswap
UNIUSD,
-2.17%
declined 2.34% to $6.17, while Cardano
ADAUSD,
-2.44%
shed 2.19% to 62 cents. Ripple
XRPUSD,
-2.09%
declined 2.16% to 62 cents.

Bitcoin
BTCUSD,
-1.80%
and Polygon
MATICUSD,
-1.53%
rounded out the decreases for Friday, dropping 1.84% to $42,182.10 and 1.67% to 86 cents, respectively.

On the other hand, Solana
SOLUSD,
+2.69%
posted the only increase among the largest cryptos, rising 2.29% to $76.42.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-2.59%
fell 3.03% to $148.97, while MicroStrategy Inc.
MSTR,
-1.84%
fell 1.87% to $571.50. Riot Platforms Inc.
RIOT,
-1.91%
shares declined 2.60% to $15.34, and shares of Marathon Digital Holdings Inc.
MARA,
-1.24%
shed 2.10% to $17.45.

Block Inc.
SQ,
+0.09%
inched down 0.27% to $74.56 and Tesla Inc.
TSLA,
-0.32%
sank 0.49% to $249.83.

PayPal Holdings Inc.
PYPL,
-0.48%
slid 0.65% to $61.47, and Ebang International Holdings Inc.
EBON,
-1.03%
shares shed 1.03% to $7.22. NVIDIA Corp.
NVDA,
+1.23%
rose 1.26% to $489.60, and Advanced Micro Devices Inc.
AMD,
+1.11%
rose 0.73% to $139.01.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-0.57%
shed 1.10% to $28.00. The Bitwise Crypto Industry Innovators ETF
BITQ,
-1.66%,
which is focused on pure-play crypto companies, declined 1.66% to $10.10. Grayscale Bitcoin Trust
GBTC,
-2.44%,
which tracks the Bitcoin market price, declined 2.21% to $34.13.


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.