Ethereum leads way as largest cryptocurrencies drop

All of the largest cryptocurrencies were down during morning trading on Friday, with Ethereum
ETHUSD
seeing the biggest move, shedding 7.66% to $3,721.96.

Polkadot
DOTUSD
fell 7.52% to $24.46, and Dogecoin
DOGEUSD
fell 7.00% to 16 cents.

Uniswap
UNIUSD
shed 7.00% to $13.86 on Friday, while Bitcoin Cash
BCHUSD
shed 5.34% to $421.16 and Litecoin
LTCUSD
fell 5.38% to $143.24.

Cardano
ADAUSD
and Bitcoin
BTCUSD
fell 5.29% to $1.20 and 4.51% to $45,967.07

Ripple
XRPUSD
rounded out the decreases with a 3.87% decline to 78 cents.

In crypto-related company news, shares of Coinbase Global Inc.
COIN
dropped 2.15% to $241.85, while MicroStrategy Inc.
MSTR
shed 3.94% to $544.58. Riot Blockchain Inc.
RIOT
shares fell 5.40% to $22.59, and shares of Marathon Digital Holdings Inc.
MARA
fell 4.82% to $33.80.

Overstock.com Inc.
OSTK
slipped 0.67% to $63.97, while Block Inc.
SQ
shed 2.46% to $161.80 and Tesla Inc.
TSLA
rose 0.82% to $934.53.

PayPal Holdings Inc.
PYPL
fell 2.54% to $183.96, and Ebang International Holdings Inc. Cl A
EBON
shares dropped 3.57% to $1.22. NVIDIA Corp.
NVDA
climbed 0.33% to $284.82, and Advanced Micro Devices Inc.
AMD
climbed 2.54% to $140.06.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK
shed 2.62% to $44.89. The Bitwise Crypto Industry Innovators ETF
BITQ,
which is focused on pure-play crypto companies, dropped 3.22% to $21.37. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, fell 6.28% to $34.03.


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.