This article was automatically generated by MarketWatch using technology from Automated Insights.
Large cryptocurrencies were mixed during morning trading on Friday, with Ripple seeing the biggest move, rallying 2.30% to 43 cents.
Bitcoin led the decreases with a 2.01% drop to $26,464.00.
Five other cryptocurrencies saw increases Friday. Cardano increased 2.04% to 36 cents, and Solana rose 1.09% to $20.37.
Dogecoin increased 1.09% to 7 cents, and Uniswap rallied 1.07% to $5.11.
Polygon, which saw the smallest increase, climbed 0.49% to 85 cents.
In addition to Bitcoin, two other currencies posted reductions. Ethereum fell 1.22% to $1,774.23, and Polkadot slid 0.82% to $5.25.
In crypto-related company news, shares of Coinbase Global Inc. slipped 0.58% to $60.00, while MicroStrategy Inc. inched down 0.82% to $285.00. Riot Platforms Inc. shares shed 1.21% to $10.58, and shares of Marathon Digital Holdings Inc. rose 0.29% to $8.76.
Overstock.com Inc. shed 1.73% to $19.85, while Block Inc. dropped 1.80% to $56.28 and Tesla Inc. climbed 2.43% to $176.27.
PayPal Holdings Inc. fell 1.11% to $63.47, and Ebang International Holdings Inc. shares were flat at $6.20. NVIDIA Corp. climbed 0.06% to $285.95, and Advanced Micro Devices Inc. dropped 1.43% to $95.71.
In the fund space, the Bitwise Crypto Industry Innovators ETF, which is focused on pure-play crypto companies, slipped 0.81% to $6.09. Blockchain-focused Amplify Transformational Data Sharing ETF dropped 1.09% to $19.25. Grayscale Bitcoin Trust, which tracks the Bitcoin market price, fell 1.57% to $14.43.
Data source: Dow Jones Market Data, FactSet.
(END) Dow Jones Newswires
05-12-23 1016ET
