Ripple leads way as most big cryptocurrencies post decreases

April 22, 2022 Editor Ripple 0

Most of the largest cryptocurrencies were down during morning trading on Friday, with Ripple
XRPUSD,
-1.90%
seeing the biggest change, declining 1.88% to 72 cents.

Six additional currencies posted reductions Friday. Polkadot
DOTUSD,
-1.52%
dropped 1.34% to $18.26, and Bitcoin
BTCUSD,
-0.94%
inched down 0.96% to $40,256.41.

Cardano
ADAUSD,
-1.21%
inched down 0.96% to 91 cents, while Ethereum
ETHUSD,
-0.69%
inched down 0.51% to $2,986.00. Dogecoin
DOGEUSD,
-0.26%
slipped 0.49% to 14 cents.

Litecoin
LTCUSD,
+0.05%,
which posted the smallest decrease, slipped 0.05% to $107.44

On the other hand, two cryptos posted increases, with Bitcoin Cash
BCHUSD,
+0.97%
seeing the largest rise at 1.12% to $322.14. Uniswap
UNIUSD,
+0.10%
rose 0.32% to $8.89.

In crypto-related company news, shares of Coinbase Global Inc.
COIN,
+0.75%
climbed 1.41% to $139.25, while MicroStrategy Inc.
MSTR,
+0.61%
climbed 0.40% to $429.57. Riot Blockchain Inc.
RIOT,
+0.05%
shares climbed 1.29% to $12.97, and shares of Marathon Digital Holdings Inc.
MARA,
-0.78%
rose 1.45% to $19.60.

Overstock.com Inc.
OSTK,
-0.61%
dropped 1.76% to $35.16, while Block Inc.
SQ,
+0.06%
climbed 0.50% to $108.25 and Tesla Inc.
TSLA,
+0.94%
rose 1.19% to $1,020.76.

PayPal Holdings Inc.
PYPL,
-0.67%
rose 0.15% to $89.53, and Ebang International Holdings Inc. Cl A
EBON,
+6.43%
shares rallied 7.49% to $1.01. NVIDIA Corp.
NVDA,
-0.57%
inched down 0.03% to $201.76, and Advanced Micro Devices Inc.
AMD,
+0.25%
rose 0.15% to $90.55.

In the fund space, the Bitwise Crypto Industry Innovators ETF
BITQ,
+0.07%,
which is focused on pure-play crypto companies, sank 0.27% to $13.51. Blockchain-focused Amplify Transformational Data Sharing ETF
BLOK,
-0.44%
inched down 0.38% to $28.86. Grayscale Bitcoin Trust
GBTC,
-2.47%,
which tracks the Bitcoin market price, fell 3.07% to $28.44.


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.