Largest Cryptocurrencies Drop on Litecoin, Polkadot Declines

All of the largest cryptocurrencies were down during morning trading on Friday, with Litecoin LTCUSD seeing the biggest move, tumbling 4.29% to $105.50.

Polkadot DOTUSD shed 3.87% to $17.20, and Ethereum ETHUSD declined 3.26% to $2,713.02.

Bitcoin Cash BCHUSD dropped 3.26% to $303.72 on Friday, while Bitcoin BTCUSD shed 2.15% to $41,221.55 and Uniswap UNIUSD declined 2.36% to $9.23.

Cardano ADAUSD and Ripple XRPUSD fell 1.99% to 88 cents and 1.57% to 74 cents

Dogecoin DOGEUSD rounded out the decreases with a 1.28% decline to 13 cents.

In crypto-related company news, shares of Coinbase Global Inc. COIN fell 2.38% to $173.80, while MicroStrategy Inc. MSTR declined 1.03% to $424.30. Riot Blockchain Inc. RIOT shares climbed 0.51% to $16.05, and shares of Marathon Digital Holdings Inc. MARA climbed 0.20% to $24.71.

Overstock.com Inc. OSTK slipped 0.69% to $51.95, while Block Inc. SQ slipped 0.91% to $113.19 and Tesla Inc. TSLA climbed 1.74% to $853.87.

PayPal Holdings Inc. PYPL slipped 0.05% to $101.29, and Ebang International Holdings Inc. Cl A EBON shares fell 1.68% to $1.17. NVIDIA Corp. NVDA sank 0.86% to $235.09, and Advanced Micro Devices Inc. AMD sank 0.05% to $111.85.

In the fund space, blockchain-focused Amplify Transformational Data Sharing ETF BLOK declined 1.97% to $31.89. The Bitwise Crypto Industry Innovators ETF BITQ, which is focused on pure-play crypto companies, shed 2.75% to $15.56. Grayscale Bitcoin Trust GBTC, which tracks the Bitcoin market price, dropped 1.99% to $27.55.

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