Large cryptocurrencies mixed as Polygon rises

Large cryptocurrencies were mixed during morning trading on Friday, with Polygon
MATICUSD,
-1.89%
seeing the biggest move, rising 1.74% to 78 cents.

Polkadot
DOTUSD,
+0.67%
led the decreases with a 1.32% drop to $5.42.

Five other cryptocurrencies saw increases Friday. Ethereum
ETHUSD,
+1.79%
rose 1.57% to $2,078.39, and Bitcoin
BTCUSD,
+3.89%
rose 1.54% to $38,342.00.

Uniswap
UNIUSD,
+1.10%
increased 1.25% to $5.99, and Cardano
ADAUSD,
+2.42%
rose 1.22% to 38 cents.

Solana
SOLUSD,
-3.22%,
which saw the smallest increase, rose 0.34% to $59.90.

In addition to Polkadot, two other currencies posted decreases. Dogecoin
DOGEUSD,
+4.13%
sank 0.37% to 8 cents, and Ripple
XRPUSD,
-0.38%
inched down 0.13% to 61 cents.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+6.41%
climbed 4.08% to $129.81, while MicroStrategy Inc.
MSTR,
+7.51%
increased 5.21% to $524.27. Riot Platforms Inc.
RIOT,
+8.61%
shares rose 6.89% to $13.42, and shares of Marathon Digital Holdings Inc.
MARA,
+8.98%
increased 7.46% to $12.86.

Block Inc.
SQ,
+0.05%
climbed 1.25% to $64.22 and Tesla Inc.
TSLA,
-0.86%
declined 1.89% to $235.55.

PayPal Holdings Inc.
PYPL,
+0.28%
rose 0.85% to $58.10, and Ebang International Holdings Inc.
EBON,
+9.86%
shares inched down 0.76% to $6.52. NVIDIA Corp.
NVDA,
-2.80%
slipped 0.35% to $466.06, and Advanced Micro Devices Inc.
AMD,
-2.67%
dropped 1.15% to $119.77.

In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
+5.69%,
which is focused on pure-play crypto companies, increased 4.00% to $8.59. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+2.82%
increased 1.98% to $24.54. Grayscale Bitcoin Trust
GBTC,
+4.66%,
which tracks the Bitcoin market price, increased 2.88% to $31.12.

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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