Large cryptocurrencies mixed as Cardano climbs

News Room
By News Room 2 Min Read

Large cryptocurrencies were mixed during morning trading on Friday, with Cardano
ADAUSD,
+0.18%
seeing the biggest move, rallying 1.40% to 26 cents.

Ripple
XRPUSD,
-0.13%
led the decreases with a 0.66% drop to 51 cents.

Five other cryptocurrencies saw increases Friday. Uniswap
UNIUSD,
+0.43%
climbed 0.74% to $4.38, and Dogecoin
DOGEUSD,
-0.01
rose 0.62% to 6 cents.

Solana
SOLUSD,
-0.21%
climbed 0.36% to $19.66, and Polkadot
DOTUSD,
+0.14%
rose 0.04% to $4.26.

Bitcoin
BTCUSD,
-0.19%,
which saw the smallest increase, climbed 0.04% to $25,981.20.

In addition to Ripple, two other currencies posted reductions. Ethereum
ETHUSD,
-0.16%
sank 0.25% to $1,643.29, and Polygon
MATICUSD,
+0.13%
slipped 0.11% to 55 cents.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-2.02%
declined 1.12% to $78.71, while MicroStrategy Inc.
MSTR,
-1.69%
slipped 0.94% to $354.16. Riot Platforms Inc.
RIOT,
-2.73%
shares dropped 2.69% to $11.05, and shares of Marathon Digital Holdings Inc.
MARA,
-4.53%
shed 3.34% to $12.15.

Overstock.com Inc.
OSTK,
+1.65%
rallied 1.31% to $26.45, while Block Inc.
SQ,
+0.90%
rose 1.72% to $58.64 and Tesla Inc.
TSLA,
-5.06%
shed 2.43% to $251.81.

PayPal Holdings Inc.
PYPL,
+1.70%
rose 0.73% to $62.96, and Ebang International Holdings Inc.
EBON,
-0.94%
shares inched down 0.39% to $7.68. NVIDIA Corp.
NVDA,
-1.71%
fell 1.18% to $487.72, and Advanced Micro Devices Inc.
AMD,
+3.53%
climbed 1.31% to $107.11.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-0.86%
slid 0.55% to $21.86. The Bitwise Crypto Industry Innovators ETF
BITQ,
-2.63%,
which is focused on pure-play crypto companies, declined 1.99% to $7.46. Grayscale Bitcoin Trust
GBTC,
-1.23%,
which tracks the Bitcoin market price, dropped 1.39% to $18.45.


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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