Large cryptocurrencies drop on Ripple, Uniswap declines

All large cryptocurrencies were down during morning trading on Friday, with Ripple
XRPUSD,
-11.74%
seeing the biggest move, tumbling 11.69% to 50 cents.

Uniswap
UNIUSD,
-6.17%
shed 5.31% to $4.98, and Bitcoin
BTCUSD,
-5.69%
declined 5.00% to $26,231.10.

Dogecoin
DOGEUSD,
-4.20%
dropped 5.00% to 6 cents on Friday, while Solana
SOLUSD,
-5.59%
shed 3.35% to $21.94 and Polygon
MATICUSD,
-3.90%
declined 3.40% to 57 cents.

Polkadot
DOTUSD,
-3.05%
and Ethereum
ETHUSD,
-3.24%
fell 3.11% to $4.51 and 2.58% to $1,671.79

Cardano
ADAUSD,
-3.20%
rounded out the decreases with a 1.94% decline to 26 cents.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
-2.51%
shed 2.91% to $73.36, while MicroStrategy Inc.
MSTR,
-5.29%
fell 4.78% to $330.20. Riot Platforms Inc.
RIOT,
-4.01%
shares dropped 3.76% to $11.27, and shares of Marathon Digital Holdings Inc.
MARA,
-7.02%
dropped 6.43% to $11.46.

Overstock.com Inc.
OSTK,
+2.21%
climbed 0.06% to $26.21, while Block Inc.
SQ,
+1.30%
climbed 0.62% to $56.45 and Tesla Inc.
TSLA,
-1.68%
fell 1.61% to $215.68.

PayPal Holdings Inc.
PYPL,
+1.33%
sank 0.22% to $58.47, and Ebang International Holdings Inc.
EBON,
-2.58%
shares increased 1.36% to $7.46. NVIDIA Corp.
NVDA,
-0.94%
dropped 3.60% to $417.83, and Advanced Micro Devices Inc.
AMD,
+0.57%
dropped 1.18% to $103.21.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-1.16%
shed 1.94% to $21.19. The Bitwise Crypto Industry Innovators ETF
BITQ,
-3.20%,
which is focused on pure-play crypto companies, fell 3.07% to $7.27. Grayscale Bitcoin Trust
GBTC,
-5.93%,
which tracks the Bitcoin market price, declined 4.74% to $17.66.

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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