Most large cryptocurrencies decline as Litecoin declines

Most of the largest cryptocurrencies were down during morning trading on Friday, with Litecoin
LTCUSD,
+1.06%
seeing the biggest change, declining 1.35% to $84.12.

Seven additional currencies posted drops Friday. Ripple
XRPUSD,
+2.73%
shed 1.27% to 37 cents, and Ethereum
ETHUSD,
+5.12%
declined 1.27% to $1,409.48.

Uniswap
UNIUSD,
+3.43%
inched down 1.27% to $6.06, while Bitcoin Cash
BCHUSD,
-0.49%
sank 0.84% to $119.80. Cardano
ADAUSD,
+0.74%
slid 0.47% to 33 cents.

Dogecoin
DOGEUSD,
+4.32%
and Polkadot
DOTUSD,
+11.71%
rounded out the decreases for Friday, dropping 0.36% to 8 cents and 0.05% to $5.23, respectively.

On the other hand, Bitcoin
BTCUSD,
+5.38%
posted the only increase among the largest cryptos, rising 0.97% to $19,004.81.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+5.11%
climbed 2.72% to $48.85, while MicroStrategy Inc.
MSTR,
+3.24%
climbed 1.30% to $212.90. Riot Platforms Inc.
RIOT,
-2.11%
shares rose 0.66% to $6.19, and shares of Marathon Digital Holdings Inc.
MARA,
+9.25%
rose 3.98% to $7.31.

Overstock.com Inc.
OSTK,
-3.94%
shed 4.66% to $20.35, while Block Inc.
SQ,
-0.21%
fell 2.03% to $70.34 and Tesla Inc.
TSLA,
-0.94%
dropped 4.86% to $117.56.

PayPal Holdings Inc.
PYPL,
-0.38%
declined 1.72% to $78.41, and Ebang International Holdings Inc.
EBON,
+14.84%
shares rallied 2.33% to $7.86. NVIDIA Corp.
NVDA,
+2.35%
climbed 0.08% to $165.25, and Advanced Micro Devices Inc.
AMD,
+0.28%
slid 1.72% to $70.21.

In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
+2.83%,
which is focused on pure-play crypto companies, rallied 1.01% to $5.00. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+1.37%
climbed 0.68% to $17.67. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, was flat at $10.49.


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.