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Dogecoin leads drops as largest cryptocurrencies start mixed

21 October 2022
in DOGE
Reading Time: 2 mins read
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The largest cryptocurrencies were mixed during morning trading on Friday, with Ripple
XRPUSD,
+2.21%
seeing the biggest move, rising 2.95% to 45 cents.

Dogecoin
DOGEUSD,
-0.86%
led the decreases with a 1.27% drop to 6 cents.

Five other cryptocurrencies saw increases Friday. Ethereum
ETHUSD,
+1.22%
climbed 0.31% to $1,285.71, and Bitcoin Cash
BCHUSD,
+0.43%
rose 0.27% to $106.20.

Cardano
ADAUSD,
+0.64%
rose 0.17% to 34 cents, and Litecoin
LTCUSD,
+0.76%
climbed 0.12% to $51.12.

Bitcoin
BTCUSD,
+0.60%
saw the smallest increase, climbing climbed 0.06% to $19,034.03.

In addition to Dogecoin, two other currencies posted drops. Uniswap
UNIUSD,
-0.69%
dropped 1.27% to $6.01, and Polkadot
DOTUSD,
-1.22%
sank 0.61% to $5.89.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+2.58%
rose 0.47% to $63.89, while MicroStrategy Inc.
MSTR,
+1.48%
rallied 1.22% to $223.71. Riot Blockchain Inc.
RIOT,
+1.25%
shares rose 0.72% to $5.62, and shares of Marathon Digital Holdings Inc.
MARA,
+2.93%
increased 1.28% to $11.06.

Overstock.com Inc.
OSTK,
+2.74%
climbed 0.68% to $23.85, while Block Inc.
SQ,
-1.56%
declined 2.08% to $54.04 and Tesla Inc.
TSLA,
+2.23%
rose 0.88% to $209.11.

PayPal Holdings Inc.
PYPL,
-1.83%
slipped 0.59% to $84.28, and Ebang International Holdings Inc. Cl A
EBON,
-6.15%
shares declined 1.14% to 32 cents. NVIDIA Corp.
NVDA,
+1.15%
climbed 0.32% to $122.33, and Advanced Micro Devices Inc.
AMD,
+0.45%
dropped 0.59% to $57.09.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
+0.97%
rose 0.03% to $17.91. The Bitwise Crypto Industry Innovators ETF
BITQ,
+0.52%,
which is focused on pure-play crypto companies, declined 1.04% to $5.72. Grayscale Bitcoin Trust
GBTC,
which tracks the Bitcoin market price, slid 0.84% to $11.18.


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.

Credit: Source link

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