Solana leads way as most big cryptocurrencies post decreases

Published: June 23, 2023 at 10:00 a.m. ET

Most large cryptocurrencies were down during morning trading on Friday, with Solana Solana USD seeing the biggest change, shedding 3.73% to $16.27.

Seven additional currencies posted reductions Friday. Ripple XRP USD fell 2.30% to 49 cents, and Cardano Cardano USD fell 2.04% to 29 cents.

Dogecoin Dogecoin USD inched down 2.04% to 7 cents,…

Most large cryptocurrencies were down during morning trading on Friday, with Solana

SOLUSD

seeing the biggest change, shedding 3.73% to $16.27.

Seven additional currencies posted reductions Friday. Ripple

XRPUSD

fell 2.30% to 49 cents, and Cardano

ADAUSD

fell 2.04% to 29 cents.

Dogecoin

DOGEUSD

inched down 2.04% to 7 cents, while Uniswap

UNIUSD

sank 0.80% to $4.72. Ethereum

ETHUSD

slid 0.79% to $1,873.10.

Polygon

MATICUSD

and Bitcoin

BTCUSD

rounded out the decreases for Friday, dropping 0.66% to 66 cents and 0.21% to $30,093.50, respectively.

On the other hand, Polkadot

DOTUSD

posted the only increase among the largest cryptos, rising 0.60% to $4.89.

In crypto-related company news, shares of Coinbase Global Inc.

COIN

declined 1.65% to $56.54, while MicroStrategy Inc.

MSTR

shed 2.05% to $320.54. Riot Platforms Inc.

RIOT

shares sank 0.71% to $11.16, and shares of Marathon Digital Holdings Inc.

MARA

shed 1.23% to $11.69.

Overstock.com Inc.

OSTK

fell 2.17% to $24.30, while Block Inc.

SQ

fell 2.37% to $62.59 and Tesla Inc.

TSLA

fell 3.57% to $255.17.

PayPal Holdings Inc.

PYPL

declined 3.15% to $66.41, and Ebang International Holdings Inc.

EBON

shares rose 0.07% to $6.87. NVIDIA Corp.

NVDA

fell 2.06% to $421.41, and Advanced Micro Devices Inc.

AMD

shed 1.16% to $109.42.

In the fund space, the Bitwise Crypto Industry Innovators ETF

BITQ

,
which is focused on pure-play crypto companies, shed 1.07% to $7.42. Blockchain-focused Amplify Transformational Data Sharing ETF

BLOK

dropped 1.56% to $21.14. Grayscale Bitcoin Trust

GBTC

,
which tracks the Bitcoin market price, sank 0.28% to $17.95.

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.

Credit: Source link